Tax Seizures Auctions thumbnail

Tax Seizures Auctions

Published Jan 10, 25
3 min read


It's pretty individual. It's generally a lawyer or a legal assistant that you'll end up talking with. Each county naturally wants various information, however in general, if it's an action, they desire the project chain that you have. See to it it's taped. Sometimes they've requested allonges, it depends. One of the most current one, we actually confiscated so they had entitled the deed over to us, in that situation we sent the deed over to the legal assistant.

The one that we're having to wait 90 days on, they're making sure that no one else comes in and declares on it. They would do additional research study, however they just have that 90-day duration to make certain that there are no insurance claims once it's closed out. They refine all the records and ensure whatever's correct, then they'll send out in the checks to us

Property Tax Default Sales

Overages Income SystemMortgage Foreclosure Surplus Funds


An additional just believed that came to my head and it's occurred when, every now and after that there's a duration before it goes from the tax division to the basic treasury of unclaimed funds (find tax lien properties free). If it's outside a year or 2 years and it hasn't been claimed, maybe in the General Treasury Division

Tax obligation Excess: If you require to redeem the taxes, take the property back. If it doesn't sell, you can pay redeemer taxes back in and get the property back in a clean title - overages income system.

Once it's approved, they'll claim it's going to be two weeks due to the fact that our audit division has to refine it. My favorite one was in Duvall Region.

Tax Liens SalesPetition For Release Of Excess Proceeds Texas


The areas always respond with stating, you don't need a lawyer to fill this out. Anyone can load it out as long as you're an agent of the firm or the owner of the home, you can fill out the documentation out.

Florida appears to be rather modern as far as just checking them and sending them in. tax foreclosure lists. Some want faxes and that's the worst due to the fact that we have to run over to FedEx simply to fax things in. That hasn't been the situation, that's only happened on 2 areas that I can think about

It probably offered for like $40,000 in the tax sale, yet after they took their tax obligation money out of it, there's about $32,000 left to claim on it. Tax Excess: A whole lot of regions are not going to provide you any kind of additional details unless you ask for it but when you ask for it, they're absolutely valuable at that factor.

Free Tax Lien List

They're not mosting likely to offer you any type of added information or aid you. Back to the Duvall county, that's just how I obtained right into an actually excellent discussion with the legal assistant there. She really described the entire process to me and informed me what to request. She was truly handy and walked me via what the procedure looks like and what to ask for.

Various other than all the info's online due to the fact that you can simply Google it and go to the region internet site, like we utilize normally. They have the tax acts and what they paid for it. If they paid $40,000 in the tax sale, there's probably excess in it.

They're not mosting likely to let it obtain too expensive, they're not going to allow it get $40,000 in back taxes. If you see a $40,000 sale, there are possibly surplus claims therein. That would certainly be it. Tax Overages: Every area does tax obligation repossessions or does repossessions of some type, particularly when it pertains to home tax obligations.

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