Posted by Tim Pannabecker on December 26, 1999 at 17:15:59:
David,
In California each county has the option of selling Tax Deeds or Tax Lien Certificates. Every county that I am aware of only sells TD, but that could change any year that the county chooses.
Tax Certificates? Misleading? - Posted by domineaux
Posted by domineaux on December 23, 1999 at 09:48:02:
NO TAX LIEN CERTIFICATES - headline from recent tax statement flyer information Orange County, CA.
Further stated:
" Although there has been a proliferation of seminars and infomercials on acquiring tax lien certificates as an investment alternative, not one county in California provides such a program. The county of Orange participates in the Teeter program which allows it to acquire delinquent tax balances due, and utilizes this approach as a banruptcy recovery plan a> - Brian W(IN) 09:55:25 12/15/99
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Yes and No! - Posted by David
Posted by David on December 23, 1999 at 12:18:57:
I never went to a tax sale in California, but my understanding is that Cal is a DEED state. Refer to Joel Moskowitz’s excellent book “The 16% Solution”. So technically California does not sell certificates because it sells tax deeds instead.
I have been to other states for both lein and deed sales.
Merry Christmas
David