Tax Lien Sales in US States

Tax Lien Sales in US StatesWhat is a tax lien sale?  Tax lien sales are held yearly in the US by counties in order to satisfy tax debts of homeowners in the form of property taxes.  In a tax sale, the lien certificates are offered to the general public and property investors who are willing to buy can place their bids.  Winning bidders would get the lien certificates.

Delinquent taxes together with the accrued interest and other fees that are associated with the property on sale must be paid by the homeowners.  Failure to do so after the redemption period has expired would result to foreclosure of property, and rights of ownership granted to a new owner.

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