Just Information
03-18-2005, 09:49 PM
Redemption Period 2 Years Interest Rate 18%
The current government mandated interest rate being offered to all Florida tax lien certificate investors is 18%. To avoid losing their home to the Florida tax lien certificate investor, the delinquent tax payer must step forward and pay the local government what the investor paid to purchase the Florida tax lien certificate PLUS interest, before the two year redemption period passes! If the home owner fails to pay within the statute mandated "Redemption Period" the Florida tax lien certificate investor can seek ownership of the property.
The current government mandated interest rate being offered to all Florida tax lien certificate investors is 18%. To avoid losing their home to the Florida tax lien certificate investor, the delinquent tax payer must step forward and pay the local government what the investor paid to purchase the Florida tax lien certificate PLUS interest, before the two year redemption period passes! If the home owner fails to pay within the statute mandated "Redemption Period" the Florida tax lien certificate investor can seek ownership of the property.