With that said, you should know that not all states offer tax lien certificates. Instead, they offer tax deeds. Don't be confused. Just think of tax deeds as tax foreclosures. The county sells tax delinquent real estate at a public tax sale to the winning investors. A winning investor at a tax deed sale is issued a tax deed. Which is a deed for property sold by the government for the non-payment of taxes.
The tax deed procedure begins when real estate property owners let the taxes on their real estate go unpaid. After numerous warnings, notifications and public advertisement of the impending sale, the county auctions the property to the winning bidder (state laws differ).
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