I Am Thinking About Investing
Question to anyone that can help me out when you purchase the tax lein certificates do you then ownn the property how does that part work. thanks 
Question to anyone that can help me out when you purchase the tax lein certificates do you then ownn the property how does that part work. thanks
There is a book called the 16% solution which gives a very good overview.
Thanks myfrogger would i be able to find the book in any bookstore?
Different states have different types of sales. In Texas we have a sale of the deed and the owner has the right to redeem for 6 months and 24 months if homestead. You own it but really only after the required time. I have seen other investors find the owner and buy the redemption rights and get the deed from the tax sale winner by paying the amount of the sale and 25%. It takes a lot of work but well worth the effort if there is equity in the property.
Good LUCK and Thank You
Hope this helps some
Ted Jr
Darkangel,
You need to research your state and then your county to get accurate information. Once you find out the procedures for delinquent taxes in your area, then you will be able to determine the process for aquiring the property.
Good luck