My Beach Legal
Welcome to My Beach Legal!

Insurance Articles


Tax Lien Sales
By Peter Emerson


When faced with non-payment of property Tax, sometimes the County Governments offer tax sales at an auction to the public as a step toward making lost income. In the case of an auction of tax lien sales, it is actually just a certificate that is sold and a purchased and not the actual land or property.

A buyer of such a tax lien is essentially loaning money to the property owner to pay their taxes. In return, the property owner has to repay the buyer, all the taxes accrued and the sum of all penalties, and administrative cost. Failure to do so will allow the buyer to access to own the deed and the property in question.

A tax lien sale is a public sale set up as an auction, against the County?s right to collect on a delinquent taxpayer`s debt. The County organizes such auctions, usually once a year. The term of sales differ from state to state as a matter of fact from County to County, too. Basically, if the said debt is not repaid towards the agreed amount rate of interest which is determined at the time of sale within a particular time period, the purchaser of the tax lien may foreclose on the property.

Different than a tax lien certificate sale, if you purchase a tax deed sale, you are not liable against any other liens, mortgages, or deeds of trust drawn on the land. You purchase the deed to property, which is completely free and clear of any other commitment.

You can contact the County for specific information and details on both about the sale and the properties. It would be prudent to gather information upon which type of sale you are attending, a tax deed or tax lien/certificate sale, because these two sales differ in term of specific rules and guidelines. You may want to find out details on the method and timeliness required for payment and delivery of a property. Getting guidance from a legal attorney and the Government agency would be a plus.

Tax Liens provides detailed information about tax liens, government tax liens, tax lien auctions, and more. Tax Liens is affiliated with Tax Attorneys In California.

Article Source: http://EzineArticles.com/?expert=Peter_Emerson

For more information about this article and/or the author visit http://www.e-taxliens.com

For more information, news and articles see:

Payment Protection Insurance - Payment Protection Insurance
... real concern for many people regarding the security of their job with the threat of being made redundant ever increasing. The biggest fear for many is that they may struggle meet mortgage payments or...
Visit Payment Protection Insurance...

Marina Insurance - Marina Insurance
...y marina insurance you may well have been given a number of different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you more and giv...
Visit Marina Insurance...

Loading Bay Equipment - Loading Bay Equipment
...r a variety of Loading Bay Equipment for our clients. With this equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high quality equipment which ...
Visit Loading Bay Equipment...

Ppi Claims - Ppi Claims
...felt pressured into taking out payment protection insurance on your loan. The representative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite understand...
Visit Ppi Claims...

Gap Insurance - Gap Insurance
... I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance covers the deprecation on a car in the event of it being stolen and...
Visit Gap Insurance...

Jet Ski Insurance - Jet Ski Insurance
...been with us for some time now in the UK and there are many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski will be an exhila...
Visit Jet Ski Insurance...

Hgv Courier Insurance - Hgv Courier Insurance
...e that you would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore t...
Visit Hgv Courier Insurance...

Dock Levellers - Dock Levellers
...ers are loading docks that you can place your vehicles near for loading and unloading your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease....
Visit Dock Levellers...

Courier Insurance - Courier Insurance
...might be quite costly or important. Losing such document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one using mailing se...
Visit Courier Insurance...

Car Gap Insurance - Car Gap Insurance
...that I had never heard of car gap insurance until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in t...
Visit Car Gap Insurance...


Click For More Detailed Information on:

Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map

Copyright © 2003-2010. All Rights Reserved.


Valid CSS!