You are either buying the property itself or the right to collect debt:
The rules vary by county, but the standard flow usually looks like this: how to buy tax sale properties
If they don't pay by the deadline, you finally get the deed. 💡 Key Risks to Watch You are either buying the property itself or
You buy a "tax lien certificate." You don't own the house yet; you own the debt. You earn interest on that debt, and if the owner never pays you back, you can eventually foreclose to take the property. 2. The Step-by-Step Process how to buy tax sale properties
If you win, you must usually pay the full balance very quickly—often within 48 to 72 hours. 3. The "Redemption Period" Catch