Posted by Terence on July 18, 2002 at 20:38:05:
I assume NJ and NY are tax lien states. I’m I correct on that assumption.
Posted by Terence on July 18, 2002 at 20:38:05:
I assume NJ and NY are tax lien states. I’m I correct on that assumption.
Tax Lien States vs. Tax Deed States - Posted by Stuart L. Smith
Posted by Stuart L. Smith on July 17, 2002 at 18:03:50:
For all you tax sales investors, could you tell me the difference between a tax lien state, and a tax deed state?
Re: Tax Lien States vs. Tax Deed States - Posted by Ben (NJ)
Posted by Ben (NJ) on July 17, 2002 at 19:41:25:
In a tax lien state you are bidding for ownership of the lien itself as opposed to the property. If the lien is not paid within a certain period of time, you can foreclose on the property. In a tax deed state, you are bidding for actual ownership of the property
itself as opposed to the lien.