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re: Tax Lien Auctions have a great return but are they morally ethical?
Posted on 2/28/14 at 9:11 am to samson'sseed
Posted on 2/28/14 at 9:11 am to samson'sseed
quote:
In some jurisdictions people have lost $100,000 homes for as little as a $400 debt. I researched this yesterday, though, and found that all of the homes in my county up for tax lien auction were poor quality that I wouldn't want to own.
99.99999% (you get the point) of the time, its property that no one wants to own. But it still has some value. A lot of tax sale investors just want the interest return and not the actual property.
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