Tax Lien and Tax Deed Investing
Hello! Thank you for such an informative article. I am wondering if I am able to invest in the process of tax lien and deed investing nationwide. In other words, I live in NYC but would like to engage in this process outside of the state. Is that possible?
Thank you for visiting our site and I’m so glad that you found the article informative. Be sure to check out our other real estate investing content too. To my knowledge, you don’t have to be a resident of that state to purchase a tax deed or tax lien there. However, it’s a good idea to check with the local municipality, specifically the office that deals with tax deeds. It’s usually in city hall and information can often be found on the city’s website. That way you will know laws pertaining to that state and how their sale process works, the length of the right of redemption period etc. If you still can’t find out the information you need, a local real estate attorney should be able to provide some guidance as well.
All the best,