Tax Lien or Deed Certificates

Wednesday, February 28, 2007

Tax Deed Certificates

On this post, we address the issue of tax deed certificates.

In a tax deed state, the investor actually acquires the title to the property. There is no interest rate or redemption period involved sicne the investor receives the property itself.

The following states are tax deed states:

Alaska

Arkansas

California

Idaho

Kansas

Maine

Michigan

Minnesota

Nevada

New Hampshire

New Mexico

New York (also allowed to conduct tax lien sales)

North Carolina

Ohio (historically a deed state but counties with population over 200K are also allowed to conduct lien sales)

Oregon

Pennsylvania (counties may also operate under the hybrid system where the property is improved and has been legally occupied 90 days prior to the sale)

Utah

Virginia

Washington

Wisconsin

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