Georgia Redeemable Tax Deed – 90% off Real Estate Value
Fulton County
Understanding Tax Deed Certificates
Tax deeds are a fascinating way to invest in real estate. Here’s a quick breakdown of how they work:
What is a Tax Deed?:
- When property owners fail to pay their property taxes, the county can sell the property deed at auction to recover the owed taxes. As an investor, you can bid on these properties, and if you win, you get the deed to the property.
Redemption Period:
- In Fulton County, there’s a one-year redemption period. This means that the original owner can still reclaim their property by paying the owed taxes plus penalties and interest. If they do, you get your investment back plus a 20% return for the first year and an additional 10% for each subsequent year.
High Returns:
- If the owner does not redeem the property, you get full ownership after the redemption period. This process can result in substantial profits, making tax deeds a lucrative investment.
Steps to Start Tax Deed Investing in Fulton County
1. Research and Understand Local Laws
Understanding the local laws is crucial. Here are some key points:
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