Full question:
If real property is sold and purchased for back taxes, what is the period in which an the owner can redeem the property? Does the court house have up-to-date records of liens and taxes owed up to the day of the sheriff sale or do I need to run a title check like a week before the sale (buying for investment purposes? After the sheriff sale could someone place a lien on the property prior the winning bidder receiving a tax deed?
- Category: Real Property
- Subcategory: Liens
- Date:
- State: Pennsylvania
Answer:
Tax Lien Certificates Tax Deed Sales In Pennsylvania PA
Interest Rate: Not applicable, state only has tax deed sales
Redemption Period: In most counties after the sale there is no right of
redemption but in the City of Philadelphia a right of redemption may apply if
the property was owner occupied 90 days prior to the sale.
Pennsylvania tax lien auctions: Pennsylvania does not have tax lien
certificate auctions
Pennsylvania tax deed sales: Sales usually occur in September. Judicial sales
are in the spring.
Bidding Process: All auctions are by competitive bid. If a property does not
sell at auction, a private sale is held three months later and after that, if no
sale occurs, then the lien is evaluated and can be removed if decided by the
court .
See the following website:
http://www.tax-lien-certificates.com
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.