Does it matter whether a state is a tax lien or tax deed state?
I see several sites that feature a map that is supposed to show which states are “deed” states and which ones are “lien” states but, I’ve yet to see a map that is 100% accurate.
If you are looking to invest in tax sales in the United States, I’d first suggest you get a clear idea of how you want to make money in tax sales, and understand whats actually involved.
Once you have that clear picture find a state whose tax laws closely match your goal. But I suggest ignoring whether a state is a “lien state”, a “deed state” or a “hybrid state” (which in my opinion is a made up phrase that so called tax lien advisors use to try to sound smart).
Each state (sometimes each municipality) has their own set of laws and procedures for tax sales. Thats all that matters.
I know a “tax lien state” where I can have the property with clear title in about 12 months.
Conversely, I know of a “tax deed state” where even after a year you still don’t have title, in fact, you can’t even trespass on the property!
If you want to join other tax sale investors that are making great profits,
I suggest doing a lot of your own studying of state law and attend a few auctions and watch what occurs. Whatever information you find on the internet, verify and verify again. Most of it is old and not up to date.