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Kentucky Tax Lien Auctions - (KY)
Written by: Kevin Zimmerman
The state of Kentucky can be considered a fair state for tax lien certificate sales with it moderate interest rate and brief redemption period. The dates and times that tax lien sales are held vary depending upon the county in which the sale is taking place.
An Overview of Kentucky Tax Lien Certificates
The interest rate for Kentucky tax sales is 12% per year with a redemption period of 1 year. Kentucky tax lien certificate sale auctions are held in their respective counties and the sales dates are set by each county.
Kentucky does not hold any tax deed or tax foreclosure sales.
Kentucky Tax Sales Bidding Process
All tax sales held in Kentucky are held is a competitive bidding process which is based on the interest rate.
Overall, Kentucky may not be the best state for tax lien certificate sales, but it is a decent state and should be considered by investors.