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Does property tax foreclosure happen across the USA?

Hi im from the UK and can not beleive (dyslexic) that you can pay tax dollors and win property in government tax sales, right across the USA. I've done this in S.C twice and got lucky, so why is every one not rich over this. Perhaps the knoladge is to common and everyone knows a failure, so no body bothers with it, no scam, and no website selling repackaged public info, just interested..please write is it usa wide.

Public Comments

1. Yes it is , but it's not what you think it is.
2. Dear Martin: I have lived in three states that had tax lien sales and have bought several and made money. I have never taken possession of a property. Most home owners will eventually pay off the tax lien, while some properties have some "quirk" about them and they may go to foreclosure, most properties are too valuable to let go. This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent Master Tax Advisor