Who buys these liens? (If I do not pay the property taxes.)

Usually people who are looking to invest money. The interest rate starts at 18%. However, if there is more than one person interested in the same parcel, they will start bidding down the interest rate. Once the bidders bid down to 0%, it will go into a premium starting at multiples of $100.

Show All Answers

1. When will I receive a new tax bill?
2. How are taxes computed?
3. I need to change my address, or mortgage information. What should I do?
4. I don’t have a tax bill. Why am I charged interest?
5. What is a tax sale? Can I buy property at the tax sale?
6. How do I pay off a lien?
7. What programs are available to reduce taxes?
8. How should I make out my check?
9. How should I pay my tax / utility bill?
10. What happens if I do not pay the utility bill?
11. What happens once a lien has been sold on a property?
12. What is the tax bill interest rate?
13. My mortgage company pays my taxes, what are my responsibilities?
14. What do I need to do if I refinance or sell my home?
15. I receive a senior citizen deduction on my property, is there anything I need to do to maintain this deduction?
16. What happens if I do not pay the property taxes?
17. Who buys these liens? (If I do not pay the property taxes.)
18. What happens once a lien has been sold on the property?