New Mexico is a straight tax deed state. Its redemption period may vary but usually 2 years is the time when the previous owner will have the right to challenge the ruling in the court. Some counties in New Mexico conduct sales up to 4 times in a year. Most counties also use competitive bidding […]
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New Hampshire does not conduct tax lien sales but property owners are required to pay the county 18% interest for the tax lien to be erased or they may lose the property to foreclosure. The total redemption period is 5 years and all tax deed auctions are by competitive bidding.
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Nevada is a mixed tax state because it conducts tax deed and tax lien sales. The interest rate is 12% but most of the counties only handle tax deed sales. The redemption period is 120 days for a vacant land while a developed land is 2 years. The tax auctions vary on each county. One […]
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Minnesota only conducts tax deed sales. It has a redemption period of 1 year. The tax deed sales are in April, May, September, and October and are by competitive bidding.
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Michigan used to be a good state for tax liens until it stopped handling tax lien certificates. However, Michigan continues to conduct tax deed sales. The redemption period is 2 years. There are Michigan counties that sell properties online during tax deed sales.
Read More...This Tax Lien Training System Will Teach You:
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Missouri
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