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Maryland Tax Lien Sales - (MD)

Written by: Kevin Zimmerman



Maryland is a pretty good state for tax lien certificate auctions. Its interest rates vary up to a maximum of 24% and its redemption periods can be relatively short.

An Overview of Maryland Tax Liens

The interest rates for Maryland tax lien certificate sales vary from a minimum of 6% up to a maximum of 24%. The redemption period for Maine tax lien sales varies anywhere from six months up to 2 years. The interest rates and redemption period are all determined by the counties/municipalities on an individual basis. Understanding Maryland tax lien sales rules and regulations can be a bit complicated for this reason, and investors will need to do their research in advance.

Maryland does not conduct any type of formalized tax deed sales.

Maryland Tax Sales Bidding Process

All tax sales held in Maryland are conducted via a competitive bidding process.

Maryland can be lucrative state for tax lien investors, but they will need to be prepared. Since interest rates and redemption periods vary widely across different counties and municipalities, the process can be confusing for novices.

 

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