Tax Lien Foreclosures thumbnail

Tax Lien Foreclosures

Published Dec 20, 24
3 min read

Table of Contents




It's generally a lawyer or a legal assistant that you'll finish up chatting to (sales in excess). Each county of course wants various information, however in general, if it's an action, they desire the task chain that you have. The most current one, we in fact seized so they had actually entitled the action over to us, in that instance we submitted the act over to the legal assistant.

For instance, the one that we're needing to wait 90 days on, they're making certain that no one else is available in and claims on it - tax sale homes near me. They would certainly do additional study, however they simply have that 90-day duration to see to it that there are no cases once it's shut out. They refine all the papers and make certain every little thing's proper, then they'll send out in the checks to us

Back Taxes Owed On Homes

Tax Foreclosure ListsUnclaimed Foreclosure Funds


An additional simply believed that came to my head and it's taken place as soon as, every currently and then there's a timeframe before it goes from the tax department to the basic treasury of unclaimed funds (surplus funds application). If it's outside a year or two years and it hasn't been declared, maybe in the General Treasury Department

Tax obligation Excess: If you need to retrieve the tax obligations, take the property back. If it doesn't offer, you can pay redeemer taxes back in and get the residential property back in a clean title - surplus payment.

Once it's accepted, they'll say it's going to be 2 weeks since our bookkeeping department has to process it. My preferred one was in Duvall Region.

Back Taxes Owed On HomesClaiming Foreclosure On Taxes


Even the counties will tell you - tax property sale list. They'll claim, "I'm a lawyer. I can fill this out." The areas constantly react with stating, you don't require a lawyer to fill this out. Anybody can load it out as long as you're an agent of the firm or the owner of the home, you can load out the documents out.

Florida seems to be quite modern-day regarding simply checking them and sending them in. tax defaulted homes for sale. Some desire faxes which's the worst since we have to run over to FedEx just to fax things in. That hasn't been the situation, that's only happened on 2 regions that I can consider

It possibly sold for like $40,000 in the tax sale, yet after they took their tax obligation money out of it, there's about $32,000 left to assert on it. Tax Overages: A lot of counties are not going to offer you any kind of extra details unless you ask for it however as soon as you ask for it, they're certainly valuable at that point.

Excess Funds List

They're not going to provide you any type of added details or aid you. Back to the Duvall region, that's just how I entered into a truly great conversation with the paralegal there. She really clarified the entire procedure to me and informed me what to request for. She was actually useful and walked me via what the procedure looks like and what to ask for.

Yeah. It's about one-page or 2 pages. It's never a negative day when that occurs. Besides all the info's online since you can just Google it and go to the region web site, like we use naturally. They have the tax actions and what they spent for it. If they paid $40,000 in the tax obligation sale, there's probably excess in it.

They're not going to let it get too high, they're not going to allow it get $40,000 in back taxes. If you see a $40,000 sale, there are probably surplus cases therein. That would certainly be it. Tax Overages: Every area does tax repossessions or does foreclosures of some sort, particularly when it involves building taxes.

Latest Posts

How Do You Invest In Tax Liens

Published Dec 23, 24
6 min read

Secrets Of Tax Lien Investing

Published Dec 23, 24
6 min read

What Is Tax Lien Certificate Investing

Published Dec 23, 24
3 min read