General Meeting

Wednesday - February 15th 2012

Tax Deeds, Tax Certificates

Buy a property for taxes owed??  It’s that time of year when tax certificates are auctioned off to the lowest interest bidder.  But did you know that tax deed auctions occur more than once per year?  That’s where you get title to a property.

Learn the difference in tax certificate sales and tax deed sales from attorney Richard Carey at our next DREIA meeting.  Tax deed auctions, unlike foreclosure auctions, are still live at the courthouse.  But sales don’t result from a judicial proceeding, like foreclosures, so you must understand what you’re buying.  (Hint: the judicial part happens after you acquire the deed and it’s the only way to ensure no can wrest title from you.)

Are there risks? Sure!  Are there ways to profit other than buying at the auction?  You guess it: that’s where the smart money could be!  But no matter your tactic, if educate yourself, you can evaluate your risk and calculate your potential profit. Learn how many South Florida investors have earned huge returns year after year!

Here’s what attorney Carey will cover:

1. What is the difference between a tax certificate lien and tax deed?
2. What does it mean that Florida is a “bid down” state
3. What are the benefits of hold a tax certificate?
4. Acquiring property listed for a tax deed sale prior to the Auction
5. Pitfalls of tax deed investing
6. How to obtain marketable title
7. Investing in tax deeds and tax certificates in other states