Buying Tax Liens — In Florida

: Property owners have two years from the date taxes became delinquent to pay the back taxes plus interest to the certificate holder.

: The certificate is awarded to the person who bids the lowest interest rate. buying tax liens in florida

: Florida law typically guarantees a 5% minimum return on redeemed certificates, regardless of how low the winning bid was (unless the bid was exactly 0%). 2. Required Timeline & Redemption : Property owners have two years from the

: If the lien remains unredeemed after two years, the certificate holder can apply for a Tax Deed Sale . buying tax liens in florida

: Bidding begins at a maximum interest rate of 18% .