Coming soon are the tax certificates sales of Orange County.
It is a great opportunity to make a good return on your money.This year it will be a smooth process. The Orange County Tax Collector will be using www.realauction.com to hold the tax certificates sales online.If you have no idea about what am I talking about, I suggest the video below that I found.
Orange County Tax Certificate Sale 2008The annual Tax Certificate Sale for prior year delinquent taxes will be held via the Internet on Saturday, May 31th.The sale will start at 9:00 a.m. and will run until approximately 4:00 p.m.Bidding starts at 18% and interest is bid down until there are no lower offers.Upon redemption of tax certificates, interest shall be calculated on a monthly basis from the first day of each month beginning June 1st.Certificate holders shall draw no interest during April and May while the mandatory charge is in effect (FS 197.172). Application for tax deed may be made no sooner than two years after the certificate purchase. Purchasing a tax certificate does not entitle the certificate buyer to enter the property, nor harass the owner in any manner.
