Why is Westchester County unique for Tax Deed Investing?

In Westchester County, New York, tax deeds work a bit differently. Unlike other counties, Westchester doesn’t directly handle delinquent real estate tax lien sales. Instead, this responsibility falls to each of the 25 cities and towns within the county. These local municipalities manage and pursue property tax collections, including dealing with delinquencies. If a property owner falls behind on taxes, the city or town may opt to auction off the delinquent tax liens.

How to Start with Tax Deed Investing in Westchester County?

Contact Local Municipality: For tax deed sales in Westchester County, reach out to the tax collector in the city or town where the property is located. Many municipalities offer email communication for efficiency.

Sale Process: The minimum bid usually covers back taxes, interest, and sale costs. Remember, tax deed sales in New York are final, and winners get a Tax Deed or Sheriff’s Deed.

Post-Sale Actions: After acquiring a tax deed, additional steps like a quiet title action may be necessary for selling the property with a Warranty Deed.

If you’re looking for detailed information about delinquent real estate taxes or property taxes in Westchester, New York, you can find it easily on the county website. To get started, go to the homepage and click on ‘Menu’. Then, select ‘Departments’ and find the ‘Finance’ section. Here, you’ll find a wealth of information about taxes, including sales tax.

To find information about real estate taxes, click on ‘Other Taxes, Liens and Fines’ on the left side of the page. Scroll down to find ‘Real Estate Property Taxes’ and ‘Real Estate Tax Liens’ for more information. These sections will provide you with the most accurate and up-to-date information available.

Important Details

Detail	Information
Tax Sale Type	Tax Deeds
Sale Date	Varies by municipality
Redemption Period	Typically no redemption period after sale, as sales are final
Bid Procedure	Minimum bid covers back taxes, interest, and sale costs
Deposit	Varies, check with individual municipalities

Useful Links for More Information

• Westchester County Taxes and Liens: Westchester Finance Department

• Westchester County Clerk: Westchester Clerk

• General County Information: Westchester County Government

Pro Tips for Auction Investors

• Understand Auction Rules: Each municipality may have different rules. Thoroughly analyze the bidding process, terms, and legal requirements to avoid pitfalls.

• Assess Property Details: Evaluate the property’s location, condition, and market value. Also, consider the level of competition among bidders.

Attractions and Economic Highlights

Westchester County offers a mix of quiet suburban living and city conveniences, with parks, theaters, and historic places to explore. It’s easy to get around with major highways, trains, and nearby airports. The local economy is strong, thanks to industries like technology, healthcare, and education. Close to New York City, Westchester is a great place for families, professionals, and anyone looking to invest.

Frequently Asked Questions

Q: How are property taxes managed in Westchester County?

A: Individual cities and towns handle property tax assessments and collections, not the county. Each municipality manages its own delinquent tax collections and possible lien sales.

Q: What happens if I win a tax deed auction?

A: If you win, you’ll receive a Tax Deed or Sheriff’s Deed. Ensure you understand any additional steps, such as quiet title actions, needed to sell the property.

Q: Are there any risks involved in tax deed investing?

A: As with any investment, there are risks. It’s crucial to thoroughly research properties and understand local laws and auction rules to mitigate potential issues.

Need a Hand?

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About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded