The timeframe can vary depending on factors such as the property’s redemption period and the actions taken by the property owner. In Florida, the redemption period is two years.
Yes, tax lien certificates can be purchased online or in person. Online platforms provide convenience, while in-person auctions allow for a more hands-on approach.
If the property owner pays off their tax lien after you’ve purchased the certificate, you’ll receive a full refund of your investment plus any interest accrued. Your investment is protected by the tax code, ensuring a guaranteed return.
In conclusion, tax lien investing in Floridaoffers a unique and lucrative opportunity for investors of all income levels. With over a million tax lien certificates available for sale and interest rates up to 18%, you can receive a high rate of return on your investment.
Not only is tax lien investing in Florida a passive inestment opportunity, but it also provides the opportunity to acquire the property if the tax lien certificates don’t pay.