What is a Tax Deed and How does the Tax Deed Sale process work?

A deed is a document that transfers ownership to property. A tax deed is a special type of deed resulting from nonpayment of taxes.

In many U.S. states and Canadian provinces, Jerry Latepay is given many opportunities to pay his taxes. After multiple warnings, the county puts his property up for sale to investors, often for as little as the taxes, penalties and fees that Jerry owes. At a tax deed auction, the winning bidder receives the deed to Jerry's property. In some cases, Jerry may still have a short time to redeem after the sale; otherwise, the investor becomes the legal owner of the property.

The investor may have to wait a year or so to obtain a marketable title, but the investor may have just bought Jerry's property for a fraction of what it is worth.

Michael Williams is co-author of the book and online course, Rogue Real Estate Investor Collection, a book that profiles the wide range of investing options available to real estate investors in one comprehensive 500-page manual that covers all 50 states and Canada. For two years, Rogue Real Estate Investor Collection has been one of the top real estate books on the Internet, selling over 5,000 copies.

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Real Estate Tax Lien Course

Safely earn 18-240 percent per year with government sponsored tax liens.

Over The Counter Liens and Deeds

How can you invest in tax liens and tax deeds without attending an auction?

The answer is Over-the-Counter Tax Sale Investing.