Posted by George on January 31, 2001 at 24:15:57:
I am refering to tax deed sales, this is when the actual deed is sold.
In the case of tax certificates, you can buy the ones that are close to expire the redemption period, in the worst case, you only end with some extra money (the interest rate paid), in the best case, with the deed (except in Florida) sometimes for just cents of the dollar.
Most properties you get are vacant lots
For more information on tax liens and tax certificates John Beck has a good tape set. www.johnbeck.com