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Joan,
You are saying tax foreclosure. Do you mean a tax lien? Tax liens are listed in the legal notices of your local paper for the ones in your area. Sometimes there is one designated paper to print all the legal notices. Also, you should be able to get a list from the tax offices at whatever level you are interested in. (City, county, state, federal) There are different procedures for different areas with tax sales, such as how the bidding is done, and the redemption time the owner has. In Ga. the tax sale auction is done at the courthouse steps on the same day of the foreclosure auction. But, they are not included in the foreclosure auction. There is a separate auction during the same time frame. Also, it does not mean you have bought the property. The owner can pay the taxes. What it does mean is you can make some interest on the amount you paid, and after the redemption period, you own the property. Please check with the tax office to confirm the procedures in your county. For more information on real estate investing matters please see my blog. Best Wishes! Kathleen Couch
Sat Aug 9 2008, 09:47