What is really a tax lien? Tax liens occur a new property owner has not paid local taxes on a property. The neighborhood government will issue a lien with property that states so it can’t be sold and ownership cannot be transferred before owed amount has been paid entirely. How do you make money on someone else’s tax lien? It’s called a tax lien sales agreement. An auction is held by consumers authority who sells the property in order to settle the tax lien. The winning bidder is purchasing right you can get the property if at first the company property owner doesn’t repay the due to the winning bidder.
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