Interested in Florida tax sales? Tax lien investing in Florida yield pros and cons for would be investors. As long as you bid on properties that fit the bill, and do due diligence, there’s no need to worry about acquiring the property, if you’re only after the return of investment.
Be confident that your lien would be paid when someone bids on the property at the sale. However, you need to pay an application fee and redeem any outstanding liens as well as pay subsequent taxes, which vary from county to county. The good thing though is that everything you pay from this point forward would earn 18% interest until the property is sold or redeemed.