Not too long ago I received a question from one of the subscribers to my Tax Lien Tips newsletter. He was confused because he saw a tax lien for sale on e-bay that sold for over $4,000. The face value of the lien was only 228.28 with 5 percent interest on the lien amount. This was a Florida tax lien, so instead of having the opportunity to foreclose on the property, you would apply for the tax lien to go to a deed sale if the lien was not redeemed during the 2-year redemption period.
The e-bay listing said, "Residential Home Near Ocean, Tax Lien Certificate." It included one aerial photo of the property and a few pictures of the Fort Lauderdale, Florida, beaches.
Read Joanne's entire article Beware Tax Liens for Sale on Ebay
Joanne Musa, our official Tax Lien Investing Expert
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