Ontario Tax Sale Property Forum
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Topic: Hi, there (Read 20638 times)
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Royal
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Hi, there
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on:
August 22, 2018, 02:34:42 AM »
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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goldenbell99
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Re: Hi, there
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Reply #1 on:
December 13, 2019, 04:30:42 PM »
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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Rob
Administrator
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Posts: 536
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Re: Hi, there
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Reply #2 on:
December 14, 2019, 04:03:18 AM »
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.
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Ontario Tax Sale Property Forum
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Tax Sale Forum
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Hi, there