How To Buy Tax Sale Properties May 2026
Even after you "win," the original owner often has a legal right of redemption . This is a window (months to years) where they can pay back the taxes plus interest to get their house back. If they pay, you get your money back plus interest.
If they don't pay by the deadline, you finally get the deed. 💡 Key Risks to Watch
The rules vary by county, but the standard flow usually looks like this: how to buy tax sale properties
Contact your county treasurer or tax collector's office for the "delinquent tax list".
Buying a tax sale property is a "high-risk, high-reward" investment where a government body auctions off real estate because the owner has failed to pay property taxes. 1. Know the Two Main Types Even after you "win," the original owner often
Most auctions require you to register in advance and may ask for a deposit (e.g., 10%–15% of the property value).
The government seizes the property and sells it outright to the highest bidder. You are bidding for full ownership. If they don't pay by the deadline, you finally get the deed
If you win, you must usually pay the full balance very quickly—often within 48 to 72 hours. 3. The "Redemption Period" Catch