It is possible but not all states offer tax lien sales. For example...I live in Asheville, NC and we don't have tax leins. However, South Carolina does.
While I have never done it personally, here is my thought. Yes it is possible, but it doesn't happen alot. Most people that owe a few hundred bucks end up coming up with the money. The good thing is that you get interest on the money you ';paid'; which is often very high. That's what you should really focus on. If they never come up with the taxes...then you have yourself a property. Selling it would be like selling any other home. It will need some repairs probably, or you could sell it as is.
The site below will tell you if your state or one nearby has tax lein sales.Can you really buy homes in a government tax sale for a few hundred dollars?
Not in Texas.
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