Property taxes are used to finance parts of the local government such as schools, police, fire, roads, and other things.
After a tax lien investor, also known as a certificate purchaser, has owned a tax lien for more than three years, they can open a tax lien foreclosure in order to recoup their investment in the unpaid taxes.
Unfortunately, a homeowner has very few options when facing a tax lien foreclosure. The options come down to...
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