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Nevada Tax Deed Auctions - (NV)
Written by: Kevin Zimmerman
The state of Nevada can be considered a pretty decent state for tax lien certificate sales, though most counties choose to conduct tax deed sales instead. A review of relevant tax lien certificate sales information indicates that Nevada is a worth considering for tax lien investing with its reasonable interest rate and relatively short right of redemption periods.
An Overview of Nevada Tax Lien and Tax Deed Sales
The interest rate for Alabama tax sales is 12% per year with a redemption period of 120 days for land that is vacant and 2 years for land that is developed. The dates and time for Nevada tax lien sales vary and are determined by the individual counties.
Nevada also conducts tax deed sales. As a matter of fact, most counties choose to hold tax deed sales instead of tax lien certificate sales.
Nevada Tax Deed Sales Bidding Process
All tax sales held in Nevada are held via a competitive bidding process at which you must be present in order to bid o a property. Any tax lien certificates that are not sold are available for purchase over the counter after the sale.
As a whole, Nevada can be considered a viable state for tax lien certificate and tax deed investing.