Buying tax deeds is not a typical starting point for new investors, but it can be a lucrative investment strategy. Investors can buy tax deeds at a tax deed sale, but they need to be aware of the risks involved. There is no guarantee that the property will be worth more than what is owed in back taxes and there may be liens or encumbrances on the property that are not disclosed at the time of sale. It is important to do your due diligence before bidding on any properties at a tax deed sale.
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