Tax Deed Auctions

A tax deed auction is a public sale where properties are sold because the owner failed to pay property taxes. When taxes aren't paid, the local government can sell the property’s deed to recover the owed money. Buyers at these auctions typically purchase the property outright, sometimes obtaining clear ownership rights, though rules vary by location. It’s an opportunity to acquire real estate at potentially lower prices, but it also involves understanding specific legal processes and potential risks, such as existing liens or title issues.