Ontario Tax Sale Property Forum

Tax Sale Forum => Introduce Yourself => Topic started by: Royal on August 21, 2018, 08:34:42 PM

Title: Hi, there
Post by: Royal on August 21, 2018, 08:34:42 PM
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

Title: Re: Hi, there
Post by: goldenbell99 on December 13, 2019, 10:30:42 AM
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

Title: Re: Hi, there
Post by: Rob on December 13, 2019, 10:03:18 PM
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.