How To Upload Tax Liens
What is a tax lien?
Tax or Lien Sales
When property owners don't pay their property taxes, counties take measure to ensure they get paid. While specifics vary by state, the general process requires the owner to be notified of over due balances, publication of past due balances online or in local newspapers, then a lien against the tax balance may be levied.
Often times, these liens are sold to private parties; individuals or investor groups. The counties often charge a fee, discount, or service charge to purchase the liens. Once purchased, the interest rate is often set and fixed by the county. The owner must pay the original balance, plus interest, to the lien holder to have the lien released.
Some states don't have tax sales and immediately turn over past due balances to collection agencies, which also add their own fees and interest that must be paid.
How to Upload Tax Liens
At the end of the calendar year counties begin their process of generating tax liens for the upcoming tax year.
Counties may send the tax liens with the tax certificates or they may send them separately.
It is a best practice to combine the tax liens and certs into one document if possible. If not possible forward the tax liens to our client via email.
If tax liens are received before the certs send to the client directly.