Almost every government offers tax lien properties for sale, in one form or another. The government seizes properties when owners do not pay property, Houses for Sale in La Penita or income taxes within a designated time, and public auctions are held as a means for the government to recoup the taxes owed.
A person winning a bid at such an action can purchase a property at amounts significantly lower than its actual value. Every state has different laws and different ways for conducting such sales, so you need to do your homework if you plan to start purchasing tax lien properties. Ideally, you want to learn everything you can about property tax laws, redemption periods, and other aspects of the tax foreclosure process. There are many books on the subject, in addition to a wealth of information available over the internet.
If you are looking for Property for Sale in La Penita, make sure you are attending a tax lien deed sale and not a tax lien certificate sale. A purchaser of the tax lien certificate is only purchasing the property owner's tax debt, which the owner must now pay to the certificate holder, otherwise the holder may foreclose on the property.
The majority of the time, the property owner redeems the property from the certificate holder, so if you want property, you need to bid at deed sales. All such auctions are open to the public. In order to find such properties, you need to contact the county where you plan to purchase. You can either call or in most cases visit the county's website. They can tell you where and when such auctions are taking place, and can either provide you with or tell you how to get a listing of the Homes for Sale in La Penita.