Tax Deed State Profiles

State

 

Rating

Alaska

Offers some financing
★★☆☆☆
Two Stars

Arkansas

State provides extensive support.
★★★☆☆
Three Stars

California*

Very competitive market.
★★★★☆
Four Stars

Idaho

 
★★☆☆☆
Two Stars

Kansas

Depends upon county
★★★☆☆
Three Stars

Maine

 
★★☆☆☆
Two Stars

Massachusetts **

 
★★★★☆
Four Stars

Michigan

Recently switched from tax liens to tax deeds.

Unrated: state switching from tax liens to tax deeds

Minnesota

 
★★★☆☆
Three Stars

New Hampshire

 
★★★☆☆
Three Stars

New Mexico

Watch out for mortgage liens in this state.
★★☆☆☆
Two Stars

North Carolina

 
★★★☆☆
Three Stars

North Dakota

 
★★★☆☆
Three Stars

Oregon

 
★★☆☆☆
Two Stars

Pennsylvania

 
★★☆☆☆
Two Stars

Utah

 
★★★☆☆
Three Stars

Virginia

 
★★☆☆☆
Two Stars

Washington

 
★★☆☆☆
Two Stars

Wisconsin

 
★★★☆☆
Three Stars

State

Interest Rate

Redemption Period

Rating

Notes

Connecticut

18%

Varies

★★★★
Four Stars

Municipalities handle the sales, so bidding requirements vary.

Delaware

15% - 20%

60-90 days

★★☆☆☆
Two Stars

Only three counties in this state.

Georgia

20% flat rate

1 year

★★★★
Four Stars

Requires attorney involvement for serious investments.

Hawaii

12% annual

1 year

★★☆☆☆
Two Stars

Only five counties, state handles Kalawao County.

Rhode Island

16%

1 year

★★★☆☆
Three Stars

Investor responsibility after 1 year.

Tennessee

10% annual

1 year

★★☆☆☆
Two Stars

Court confirmation required.

Texas

25%-50% rates

6mo-2 years

★★★★
Four Stars

Monthly sales on first Tuesday.