Tax Deed Sales in Missouri MO

Missouri is a decent state for tax lien certificate sales.  Also, because of the way Missouri handles the sales, obtaining deed to the property is also possible.

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Are you looking for: detailed information for every state that sells tax lien certificates and/or conducts tax deed or tax foreclosure sales? If so, Tax Liens Unleashed is for YOU!

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Here is a summary of information for tax sales

Ten percent on the taxes and penalties owed and then you can bid more based on what you would pay for the whole property.

You do not receive any interest on the overbid. Subsequent taxes paid earn you 8%, rather than 10%.

1 year on first and second offerings and 90 days on third offerings.

County tax lien sales are in August on the fourth Monday.

Missouri combines its tax deed and tax lien certificates sales into one sale per year. The City of St. Louis conducts its own tax deed sales. Jackson County conducts two tax deed sales, one for the eastern half and one for the western half.

All tax sales are by competitive bid. However, unlike most states, the bidding process is for how much you would pay for the entire property and the bidding starts at taxes and penalties owed. You only earn interest on the amount of taxes owed. If the owner never redeems, you get the the whole property for your bid amount. This makes it possible in some cases to get entire properties for only the taxes owed.

Missouri is a decent tax sale state because the state combines tax lien and tax deed sales, giving bidders some interesting bidding possibilities and potential property ownership.

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