I would like to buy a tax deed in California. I heard that until 1 year AFTER I would win the auction, if the previous owner pays the taxes, he would then own the property again? Is it true?
For 1 year after I am auction winner....the previous owner can claim property?
California counties are authorized to sell tax lien certificates which have a 2 to 3 year redemption period however at this time all the California counties directly sell the whole property as a tax deed sale, which is the actual property without redemption period provided the property is paid as agreed the day of sale, if a buyer fails to perform and does not make payment as agreed a redemption period begins allowing the original owner a second opportunity to recover there property! GR