Thursday, December 27, 2012

Over the Counter Properties and Their Redemption Period

Competitive Bidding is somewhat tiring and upsetting for some investors as it requires a lot of time for them to be in a certain county for the auction, with no assurance of getting the property with the winning bid. Over the counter (OTC) tax deed certificates, are the properties that were not sold during the live auction. These properties then get stuck in the country.

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