What is really a tax loan? Tax liens occur every single time a property owner has not paid local taxes on a property. The local government will issue a lien through the property that states so it can’t be sold and ownership will not be transferred till the owed amount has been paid in full. How do you are money on someone else’s tax lien? It’s called a tax lien sales agreement. An auction is held by the fans authority who sells the home or property in order to settle the tax lien. The winning bidder is purchasing right to get the property if the property owner doesn’t repay the due to the winning bidder.
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