Buying Tax Deeds -

Because tax deeds are sold "as-is," you assume all risks associated with the property's physical and legal state.

It is critical to distinguish between these two "tax" investments: buying tax deeds

When property taxes remain unpaid for a "redemption period" (typically 1–3 years), the local government forecloses and auctions the property to recoup the debt. Because tax deeds are sold "as-is," you assume

: Winning bidders must often pay the full amount in cash or cashier's check within 24 to 72 hours . 2. Tax Deeds vs. Tax Liens You earn interest (often 8%–24%), and you only

: You are buying a certificate of debt . You earn interest (often 8%–24%), and you only get the property if the owner fails to pay you back and you complete a separate foreclosure process. 3. Essential Due Diligence

Buying Tax Deeds: A Guide to Acquiring Real Estate at Auction (2026 Edition)