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These transactions are called tax deed sales and are usually held at auctions. A tax deed grants ownership of a property to a government body when the owner fails to pay the associated property taxes.
In a tax deed sale, the property itself is sold outright ... Conduct a physical inspection if possible, or use online mapping tools to get a sense of the property’s condition and surroundings.
Auctions are often held online but may also be offline and require ... The title to the property also must be cleared or cured after a tax deed sale. Curing the title can involve a title ...
A tax lien foreclosure is the sale of a property resulting from the property owner's failure to pay their tax liabilities. The process begins when a government places a lien on the property of a ...
But Hartford Mayor Luke Bronin said there is even a broader, economic development aim with the planned auction, known as a “tax deed” sale. Bronin said the goal also is to “get properties ...