Tennessee Tax Lien Certificates

Tax certificates are an easy, solid investment and can help you the average person gain a larger, more secure return on your investment. Tennessee is a good state for tax deed sales; however, there are no tax lien certificate sales available. There is a 10% fee for the right of redemption on any tax sale properties. Tax deed sales are held at the county level usually coordinated by the clerk or Master of the Chancery Court, and are done by competitive bidding. The bidding will usually start at the amount that is owed in taxes, penalties, and court dues. Although the property owner has up to one year to contest or resolve these penalties, they are still responsible for paying 10% to the investor or buyer in order to fully redeem the property. County representatives play a large role in the annual auctions or sales that take place. Tennessee is also a good state for tax foreclosure sales.