Tax Deed States
Tax deed states are states that allow the general public to sell and invest in tax deeds. Tax deeds are legal documents that grant the ownership of a property to a governing body or public municipality when the original owner is unable to pay their taxes. A person can then bid upon a tax deed in order to collect interest and penalties while the original owner continues to pay off their outstanding tax debt. Then, they have the option to foreclose on the property and sell it for a redeemable profit. Tax deed sales are only one type of tax sale, with others including tax lien sales and redemption deed sales.
Here is a list of all the states that are tax deed states:
- New Hampshire
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Dakota
If you’re interested in investing in tax deeds, you’re inevitably going to need title insurance when it’s time to sell the property again. Title insurance protects you from any unexpected or unknown liens or errors present on the property’s title. Our Tax Title Services tax experts know all there is to know about title insurance and can answer your questions about tax deed investment, interest rates, and more! You can even visit our price schedule page to learn all about the different price rates per state. Don’t wait—if you’re living in a tax deed state and want to start on the tax deed investment process, reach out to Tax Title Services today.
Tax Title Services is here to help you with your tax deed and title insurance needs today. Give us a call at 949-798-1180 or contact us online today to learn more.