Tax Liens Properties thumbnail

Tax Liens Properties

Published Dec 22, 24
3 min read

Table of Contents




It's generally a lawyer or a legal assistant that you'll end up speaking to (tax sale overages list). Each region of training course desires different information, however in basic, if it's a deed, they want the assignment chain that you have. The most current one, we really confiscated so they had actually entitled the deed over to us, in that situation we submitted the deed over to the paralegal.

For instance, the one that we're needing to wait 90 days on, they're ensuring that no person else can be found in and declares on it - tax auction property. They would do further study, yet they just have that 90-day duration to make certain that there are no insurance claims once it's liquidated. They process all the files and make certain everything's correct, then they'll send out in the checks to us

Tax Deed Surplus

Delinquent Tax AuctionFree Tax Lien Listing


After that another just believed that came to my head and it's occurred when, every now and after that there's a duration prior to it goes from the tax obligation division to the basic treasury of unclaimed funds. If it's outside a year or more years and it hasn't been asserted, maybe in the General Treasury Division

If you have a deed and it has a look at, it still would be the exact same process. Tax Excess: If you need to redeem the tax obligations, take the residential or commercial property back. If it doesn't market, you can pay redeemer tax obligations back in and get the residential property back in a tidy title. Regarding a month after they accept it.

Once it's accepted, they'll state it's mosting likely to be two weeks since our accounting division has to process it. My favored one remained in Duvall Region. The girl that we functioned with there handled everything. She gave me regular updates. Occasionally the update existed was no upgrade, yet it's still great to listen to that they're still in the procedure of figuring points out.

Overbid Tax Deed ProceedsFree Tax Lien Properties


The counties always respond with stating, you don't require a lawyer to load this out. Anyone can load it out as long as you're an agent of the firm or the owner of the residential property, you can fill out the documentation out.

Florida seems to be pretty modern regarding simply checking them and sending them in. tax seizures auctions. Some desire faxes which's the worst because we have to run over to FedEx just to fax things in. That hasn't held true, that's just happened on two areas that I can think about

It most likely marketed for like $40,000 in the tax obligation sale, yet after they took their tax money out of it, there's around $32,000 left to assert on it. Tax obligation Excess: A lot of regions are not going to offer you any kind of extra details unless you ask for it yet as soon as you ask for it, they're certainly practical at that factor.

Foreclosure Overages

They're not going to provide you any kind of extra details or aid you. Back to the Duvall area, that's how I got into a really great conversation with the paralegal there.

Other than all the info's online since you can just Google it and go to the area web site, like we make use of normally. They have the tax actions and what they paid for it. If they paid $40,000 in the tax obligation sale, there's most likely surplus in it.

They're not going to let it get too expensive, they're not going to allow it obtain $40,000 in back tax obligations. If you see a $40,000 sale, there are possibly surplus insurance claims in there. That would certainly be it. Tax obligation Overages: Every region does tax obligation foreclosures or does repossessions of some kind, specifically when it pertains to residential property tax obligations.

Latest Posts

Tax Overage

Published Dec 23, 24
6 min read

New Rules For Accredited Investors

Published Dec 23, 24
6 min read

Tax Lien Investing Crash Course

Published Dec 22, 24
6 min read