Obtaining a tax deed is not automatic. You must file a petition in court, and in some cases, pursue a quiet title action to remove any remaining claims. Legal fees can quickly add up, especially if the property is contested.
The term "top" is subjective. For some investors, a "top" tax sale means the highest equity potential. For others, it means the lowest competition. Here is how to identify top-tier opportunities. indiana tax sales top
If you overbid on a property (e.g., you pay $50,000 for a property worth $60,000, but the taxes were only $8,000), you can lose money if the owner redeems. Why? Because the owner only has to pay you the back taxes plus interest—not your premium overbid. In the example above, if the taxes were $8,000, the owner redeems for $8k + interest, not $50k. You lose $42,000 instantly. Obtaining a tax deed is not automatic