What is really a tax mortgage? Tax liens occur any property owner has not paid local taxes on the property. The neighborhood government will issue a lien from the property that states that it can’t be sold and ownership can not be transferred owed amount has been paid in full. How do help to make money on someone else’s tax mortgage? It’s called a tax lien sales agreement. An auction is held by your public authority who sells the property or home in order to settle the tax lien. The winning bidder is acquiring the right your can purchase the property if the property owner doesn’t repay the taxes owed to the winning prospective buyer.
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