Part 1: Understanding Tax Deeds and Bidding on Tax Certificates in Florida
Title: The Process of Tax Deeds in Florida: Part 1 - Bidding on Tax Certificates Introduction: Welcome to our two-part series on the fascinating world of tax deeds in Florida. In this first part, we will delve into the initial steps of the process: bidding on tax certificates. If you've ever wondered how individuals can acquire properties through tax sales, this guide will provide you with an overview of the process, specifically in the state of Florida. Section 1: What are Tax Deeds and Tax Certificates? Before we dive into the process, it's essential to understand the basic concepts. A tax deed is a legal document issued by the government to transfer ownership of a property to an individual or entity due to unpaid property taxes. However, before a tax deed is issued, there is an intermediate step known as tax certificate sales. Section 2: Tax Certificate Sales: 2.1. Tax Lien Auctions: In Florida, tax certificate sales occur annually at public auctions. These auctions, often...