Connecticut 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. Connecticut holds tax deed sales instead of tax lien certificate sales with a redemption right of 18%. The redemption period for a tax deed is usually 6 months, and tax deed auctions usually vary depending on municipality, although Connecticut is not known for having tax deed sales. Like most other States the bidding is done a competitive basis. Sales in Connecticut can be quite competitive and information may be a little bit harder to come by due to the fact that the municipalities in all counties handle the sales as well as the high interest rate, being 18%.