Civic source- adjudicated property

In MS, the previous owner has two years to redeem a tax sale. They have to pay you 18% interest.

I know people that have purchased quite a few adjudicated properties from CivicSource. These properties are different than the certificates you get from the annual tax sales where you're buying the delinquent taxes and the previous owners have 3 years to "redeem" or essentially pay you back with interest. adjudicated properties are the ones that the Parish or City took back after failing to sell at a previous tax sale and the 3-year period had already passed. CivicSource does all the final legal work to clear the title and they work with a title insurance company that guarantees title insurance when sold. The people I know that have bought some of these have gotten really good deals on them and had no problems with title etc.

Just beware of the parameters of the title insurance being issued. Make sure you understand that there is a good chance the only title insurance underwriter that will write over the transaction is probably the one that insured it.