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Delinquent Taxes vs. Tax Lien. 8 Replies. Log in or sign up to reply 1; 72 posts 17 votes Account Closed posted over 5 years ago Is there a difference between Delinquent taxes and Tax Liens?. (owe back taxes), but the property yet has gone through the auction process.
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Investors in tax lien and tax deed sales will need specialized knowledge and understanding of the laws in the state where the property is located. You’ll also need to be aware of the laws regarding redemption periods, which is the time most states give owners to retrieve their property after the tax sale.
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the Lender’s 0.25 % of the Mortgage Tax Rate; – However, if the premises is greater than a 6 family dwelling and the Lender is a natural Person, then the 0.25 % of the Mortgage Tax Rate is NOT paid at all. – If the Lender is a Federal Bank, the Borrower pays the 0.25% of the Mortgage Tax Rate.
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