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Tax lien property taxes |
WERC
30 Posts
Member Since: 01/20/2003
Beverly Hills, FL
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Posted: 17:35 on 01-24-2003
I am looking into purchasing tax liens in my county in Florida. Do you have to pay the taxes on the property that are incurred while you hold the lien on the 2 year period in which the owner can payoff their tax lien?
The County states the amount of the certificate is the sum of the unpaid non-ad valorem assessments, 3% interest, 5% in cost of advertising charges. My question is when I bid and get the lien for lets say 15%, does this mean the county will have to pay me 15% interest on the charges I stated at the beginning of this paragraph. Also How is this amount paid to you, Annually? 
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