http://www.trulia.com/voices/Foreclosure/what_are_the_costs_involved_in_buying_tax_foreclos-64517en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-Columbus_OH-344140/http://www.trulia.com/voices/profile/Real_Estate_Pro-Columbus_OH-344140/Annette: Here are a few links to help you understand the process of purchasing a tax foreclosure- http://www.treas.gov/auctions/treasury/rp/generalterms.shtml http://www.treas.gov/auctions/irs/cat_Real8.htm If you would like to see a complete list of available Hud homes, foreclosures and short sales in Licking County, I would be happy to provide you with the information. Best of luck, Brittany Simonelli, Buyer Agent Revealty Buy. Sell. Understand. 614-940-3067 Phone bsimonelli@revealty.comSun, 26 Oct 2008 17:23:45 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Philadelphia_PA-192310/http://www.trulia.com/voices/profile/Real_Estate_Pro-Philadelphia_PA-192310/Hi Annette, You are still buying a house. So, you will what you pay if you bought a regular house. BUT.......you may be responsible for the seller's side of municipal taxes or fees. Also, you usually can't inspect the house beforehand, can't have a mortgage or home inspection contingency. You will be buying blind. If this bothers you even a little bit, don't do it. You may also want to find a local REALTOR(R) or real estate attorney who does these types of transactions to help you through it and give you the local flavor. Good luck!Sun, 26 Oct 2008 08:18:43 -0700