Ontario Tax Sale Property Forum
Tax Sale Forum => Introduce Yourself => Topic started by: Royal on August 22, 2018, 02:34:42 AM
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New to here, looks like not much new posting lately, exploring all the old ones now and a lot of good information and thanks for building this site up
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I have a question for the forum. I live in the USA and have owned vacant land for many years. The lands accessed value has gone down from 200,000 to 89,000. I would like to be able to create a sale for tax reasons this year but wondering if I do find a buyer can I repurchase from that person at a later date. Thank you
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It depends on your state. If for example this was occuring in Texas you would have a two year period where you could redeem your property. Most states have a clause that allows you to repurchase your outstanding debt.