Is it possible to insure a property while holding a lien, and waiting for the redemption period to end? I would hate to buy a tax lien on an improved property, but take possession of a razed one.
I was told in Baltimore city,if I purchased a tax lien cert. I could not do anything to the property untill right of redemtion,or forecloser process was complete
I heard a story in NW florida where a guy bid for, and took possession of 10+ acres of land. When he purchased the lien there were trees on the property. When he foreclosed, they were all gone. The owner had it forested.
I was told in Baltimore city,if I purchased a tax lien cert. I could not do anything to the property untill right of redemtion,or forecloser process was complete
Ihope this helps
TIM
I heard a story in NW florida where a guy bid for, and took possession of 10+ acres of land. When he purchased the lien there were trees on the property. When he foreclosed, they were all gone. The owner had it forested.
Jim