[Dust in the Wind]

I'm not sure about in that state but I am under the assumption that
1- The property is auctioned with a quitclaim deed.
2- The asking price will be 100% of the tax bill plus interest as a minimum.
3- Any "premium" beyond the tax lien is a gamble for the buyer as the debtor has a set time frame to redeem or pay the lien off after the tax sale. Here I think it is three years.

If this true for them that developer should be out his $14+K premium. I would think its easily investigated.

[Libertarianize the GOP]

ping