California is a tax deed state. This means if you are a property owner in California and you default on your taxes, after you are delinquent for a period of time, you are notified by certified mail and then your property is auctioned off as a tax deed. Each state and local government has it’s own rules of how they deal with property owners on their delinquent taxes, states are either tax deed states or tax lien certificate states. Smart buyers of tax deeds know to visit the county treasurer and assessor’s office to request a tax sale list and review the property files
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How To Buy Tax Deeds In California Posted By: Ted Thomas
October 15th, 2009 | Posted in Finance
In my experience of coaching and teaching thousands of people how to buy tax lien certificates and tax deeds, I’ve accumulated a lot of questions. Sometimes this topic can be a bit confusing, mainly because the whole process of tax lien certificates and tax deeds are run by the local state and county governments and each one has their own distinct rules and regulations. Hence, I’ve decided to share with you the top 10 questions I’ve received in order to give you some insight into why buying tax lien and tax deeds is a predictable, certain and secure investment for you. The main reason is because the government issues these certificates by the hundreds of thousands on properties that have delinquent, unpaid property taxes. And when you r ..
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Why Tax Liens & Tax Deeds Are One Of The Most Secure…
October 10th, 2009 | Posted in Finance