While there is a lot to gain from tax foreclosures, there is also a good amount of risk. Much like any investment, the higher the risk the higher the potential profit. However, tax foreclosures can be risky, but why? Here are 4 reasons why tax foreclosures can end up being a worse deal than expected. Priority: There are cases where you can purchase a home that has not had its debt fully paid out you may not get your money back. Make sure to do your research that another interest group, such as the IRS, may get the first...
Read More