Tax deeds are a great investment since it allows you not to go through the redemption period like in tax liens. Today’s real estate market is plentiful with residential properties, commercial, and raw lots available for you to purchase and sell later on for more profits. One of the most important things to remember when you join a tax deed auction is not to bid blind. Do the needed background information on each property you like on your list, so you can feel confident in every decision you’re going to do.
Some homes would demand more in repair maybe because the previous owner has neglected it. Some lots are too small to build upon your dream home. So, it is wise to spend money on a higher priced but quality property, than to bid low and pour money into a house which needs to be heavily renovated.