Talbot County, Maryland Tax Lien Sale Information

If you’re looking for a solid investment with decent returns, Talbot County’s Tax Lien Sale is worth considering. Held every May, this isn’t your typical real estate deal. Instead of buying property, you’re securing a lien against it. What’s cool about this? You get a steady 6% interest annually, and if the owner pays up, you get your investment back with that sweet interest on top.

Understanding Tax Lien Certificates

Tax lien certificates allow investors to pay the property taxes owed by a property owner. In return, the investor earns interest on their investment until the property owner repays the taxes plus interest. If the owner doesn’t pay within a certain period, the investor can foreclose and potentially acquire the property.

Example Investment

  • Initial Investment: $1,000 in delinquent taxes
  • Interest Earned: 6% annually
  • Redemption Period: If the owner redeems after one year, you get $1,060.

Steps to Start Tax Lien Investing in Talbot County

Research Local Laws: Understanding the legal framework is crucial. In Talbot County, the redemption period is six months to two years.

Visit the Local Treasurer’s Website: Check out the Talbot County Finance Department for detailed information on tax sales.

Check the Auction Site: Register on the Talbot County Auction Site to participate in auctions.

Read the Details: Understanding the sale schedule, parcel inquiries, and other essential details is vital.

Contact the County Office: For additional inquiries, contact the Talbot County Courthouse at 410-770-8020.

DetailDescription
Tax Sale TypeTax Lien
Sale DateEvery May
Redemption PeriodFrom the date of sale to the date of redemption (six months to two years)
Interest Rate6% annually
Bid ProcedureHighest bid wins
DepositPayments must be made by 4 p.m. on the auction day
Auction SiteTalbot County Auction Site
County WebsiteTalbot County
Tax Sale InfoTax Sale Information
Finance Dept.Talbot County Finance Department
Contact InfoTalbot County Courthouse, 11 North Washington Street, Suite 9, Easton, MD 21601, Phone: 410-770-8020, Fax: 410-770-8006, Email: [email protected]
Sunset in Cambridge Island Eastern Shore Talbot County Maryland USA

Pro Tips

  • Pre-register: Make sure to pre-register to participate in the auction.
  • Monitor Listings: Check the local newspaper and the auction site for property listings a few weeks before the sale.
  • High-Bid Premium: If your bid exceeds 40% of the property’s value, you may need to pay a high-bid premium.

Fun Fact

Did you know that Harford County was the site of the signing of the “Bush Declaration” in 1775, considered one of America’s earliest declarations of independence? This rich history makes the area not just a place of investment opportunity but also a treasure trove of historical significance.

Beyond its historical roots, Harford County is known for its scenic beauty, featuring the Susquehanna State Park, the Chesapeake Bay coastline, and several charming small towns that reflect its deep colonial heritage. So, while you’re eyeing those tax lien investments, you might just find yourself falling in love with the area’s timeless charm!

Frequently Asked Questions

Q: Can I bid via mail, telephone, or fax?

A: No. All potential bidders must pre-register and participate online.

Q: How can I get a list of tax-sale properties?

A: The list is published in the local newspaper (usually the Easton Star-Democrat) and on the auction site starting four weeks before the sale.

Q: What happens if no one bids on a property?

A: Any property not sold is purchased by the county and is not available for sale over the counter.

Q: What if the property is not redeemed?

A: You can file for foreclosure to obtain the property title. Talbot County does not provide legal assistance for foreclosure proceedings.

Need a Hand?

If you have any questions or need guidance with tax lien investing, feel free to reach out for assistance. You can also book a call or access free resources through the provided links.

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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!”

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