Just Information
03-22-2005, 01:25 AM
Redemption Period 12 Months Interest Rate 10%
The state of Hawaii is NOT offering Tax Lien Certificates. Local counties offer Hawaii Tax Deeds which are restricted by a 12 month redemption period. When a Hawaii home owner refuses to pay their property taxes then the taxing district will foreclose and sell the property to the winning bidder at annual tax sale auction, the holder/owner of the tax deed redeemable may seek ownership of the property no sooner than 12 months after the tax deed was issued.
The state of Hawaii is NOT offering Tax Lien Certificates. Local counties offer Hawaii Tax Deeds which are restricted by a 12 month redemption period. When a Hawaii home owner refuses to pay their property taxes then the taxing district will foreclose and sell the property to the winning bidder at annual tax sale auction, the holder/owner of the tax deed redeemable may seek ownership of the property no sooner than 12 months after the tax deed was issued.