Tax Deed State Profiles
Alaska, Arkansas, California, Idaho, Kansas, Maine, Massachusetts, Michigan, Minnesota, New Hampshire, New Mexico, North Carolina, North Dakota, Oregon, Pennsylvania, Utah, Virginia, Washington, Wisconsin
Tax Deed State Profiles with Right of Redemption
Connecticut, Delaware, Georgia, Hawaii, Rhode Island, Tennessee, Texas
State
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Interest Rate
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Redemption Period
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Rating
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Notes
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Connecticut
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18%
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Varies
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****
Four Stars
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Municipalities handle the sales, so bidding requirements vary.
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Delaware
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Varies, but can be 15% - 20%, depending upon the municipality
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Varies, but can be 60-90 days, depending upon the municipality
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**
Two Stars
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Only three counties in this state.
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Georgia
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20% flat interest rate if redeemed
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1 year
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****
Four Stars
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Georgia is complicated. If redemption does not occur, you must be prepared to pay subsequent taxes and foreclose on the property. Hiring a local attorney if you are serious about investing in this state is a good idea. Auctions occur on the first Tuesday of each month.
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Hawaii
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12% annual interest rate if redeemed
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1 year
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**
Two Stars
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Hawaii only has five counties. In Kalawao County, tax sales are handled by the State.
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Rhode Island
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16%
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1 year
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***
Three Stars
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After one year, the investor automatically is responsible for the property, even before foreclosure.
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Tennessee
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10% annual interest rate if redeemed
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1 year
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**
Two Stars
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Tax sales must be confirmed by the court.
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Texas
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Flat 25% the first year, flat 50% the second year: homestead and agricultural properties. Flat 25%: all other properties.
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2 years for agricultural and homestead properties; 6 months for all other properties
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****
Four Stars
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Real property is required by state law to be sold of the first Tuesday of the month.
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Click here to learn more...
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Real Estate Tax Lien Course
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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.
Included with Teleseminar is the OTC Super List. This list contains thousands of liens and deeds that can be purchased through the mail.
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