Deed In Lieu Tax Consequences

[@rieschaffer4005]

Interesting!

[@Ted-Thomas]

Glad you think so!

[@bethjones7094]

If I foreclose on a tax lien, what type of deed do I get?

[@Ted-Thomas]

Thanks for watching! The first thing you want to do is get the auction rules. You can also locate the state statutes online and find the portion that discussed tax deed sales. Every state and county have different rules so it is important to know before you attend an auction exactly how the process works in that county. In most cases, the county will send you a deed to the property with a fairly clear title but worst case, you may need to do do quiet title action.The deeds issued may be different types of deeds (tax deed, treasurer deed) If you are ready to learn more, go to tedthomas.com/gifts and get my free mini-course.