How much interest can I earn?

The interest due to the bidder may not exceed the opening bid amount submitted on behalf of the Forfeited Land Commission (FLC), which is the amount of outstanding tax liability due on the property. Interest increases by 3% each quarter of the redemption year for a maximum of 12% possible interest earned.

Show All Answers

1. How can I purchase properties seized for non-payment of taxes?
2. If I pay someone else’s delinquent tax bill, does the property become mine?
3. If my property is sold at the delinquent tax sale, can I get it back?
4. Do I need to register for the sale and is there a fee for this?
5. What methods of payment are accepted?
6. How much interest can I earn?
7. When can you void a tax sale?