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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 27 Mar 2005 08:50:51 -0800 /

Author of the message: "Nancy"

Title of the message:
Florida tax certificates

Text of the message:
    I have been bitten by the bug of buying tax certificates in
Florida. I am just learning about it and figure I can try it and the
worst might be that I loose $2000 if I buy one certifcate near that
price, as long as it is not on property that is on the cleanup list for
toxic wastes. I figure to get started I would stay with inexpensive
condos. That way the title should be good since the time the condo was
started, say 20 years ago. Thus title search could be done by myself. I
would have to watch for condos that are not operating in a good fiscal
manor. I have one or two questions that I am having a hard time finding
answers for after having read the statutes and FAQS.
    1. It does not appear that a tax certificate that is purchased
records a lein on the property. I see the tax deeds recorded, but not
any leins. I guess before buying any property a potential home buyer



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