How does the tax deed application process work?

Sunday, March 21st, 2010 at 16:43

Thanks for coming back to visit.

I am looking into purchasing a tax certificate for property in Florida. If I were to hold the Certificate for 2 years I can put in for a tax deed. What I don’t understand is how can I make the property mine? Would it be put on the market for a bid? How much do home go for at an auction like this?

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Tags: auction, florida tax deed application, how tax deed sales work 2010, tax certificate, Tax Deed

Tagged with: auction • florida tax deed application • how tax deed sales work 2010 • tax certificate • Tax Deed

Filed under: Tax Deed

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One Comment

edwardogden2000 says:

21 March 2010 at 16:46

Tax certificates should be bought for the interest they earn not the prospect that you may ultimately get the property. Also, do not pay more than is owed for the certificate, because that will dilute the rate of return you may get.

The owner can redeem the certificate by paying the back taxes at any time.

Good Luck