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Tax Lien States and Tax Deed States

Not all States sell tax lien certificates at auctions or over the counter. Some states are what you call deed states and some states are a combination (hybrid) of tax lien sales and tax deed auctions.

If you are wondering which states are tax lien states and which are tax deed states, you have come to the right place.

Here is The List of States That Sell Tax Lien Certificates

Alabama
Interest Rate: 12% per annum
Bid Method: Bid on the premium (premium also receives 12%)
Redemption Period: 3 years
Over the Counter Available: Yes, at the state level

Arizona
Interest Rate: 16% per annum
Bid Method: Bid down the interest
Redemption Period: 3 yrs (judicial foreclosure) 5yrs (nonjudicial foreclosure)
Over the Counter Available: Yes

Colorado
Interest Rate: 9 points above the FED discount rate set in september and rounded to the nearest percent.
Bid Method: Premium bid (investor loses the premium bid over face value of lien so rotational method is often used)
Redemption Period: 3 yrs
Over the Counter Available: In some counties

District Of Colombia
Interest Rate: 18% per annum
Bid Method: Bid on the premium (premium does not receive interest)
Redemption Period: 6 months
Over the Counter Available: No

Florida
Interest Rate: 18% per annum, but 5% minimum
Bid Method: Bid down the interest
Redemption Period: 2 yrs
Over the Counter Available: Liens (no); deeds (yes)

Illinois
Interest Rate: 18% penalty
Bid Method:Bid down the interest (penalty)
Redemption Period:2 – 3 years
Over the Counter Available: No

Indiana
Interest Rate: 10% to 15% penalty
Bid Method: Bid on the premium
Redemption Period:1 yr
Over the Counter Available: No

Iowa
Interest Rate: 24% per annum
Bid Method:Rotational bid
Redemption Period: 2 yrs
Over the Counter Available: No

Kentucky
Interest Rate: 12% per annum
Bid Method: Premium bid
Redemption Period:1 year
Over the Counter Available: No

Maryland
Interest Rate: 6% – 24% per annum (varies by county)
Bid Method: Premium Bid
Redemption Period: 6 months
Over the Counter Available: Yes

Mississippi
Interest Rate: 18% per annum
Bid Method: Premium bid (premium over face value of lien does not receive interest)
Redemption Period: 2 yrs
Over the Counter Available: No

Missouri
Interest Rate: 10% per annum
Bid Method: Premium bid
Redemption Period: 2 yrs
Over the Counter Available: No

Montana
Interest Rate: 10% per annum
Bid Method:Random selection or rotational bid
Redemption Period:3 yrs
Over the Counter Available: Yes

Nebraska
Interest Rate: 14% per annum
Bid Method: Bid down the ownership, rotational
Redemption Period: 3 yrs
Over the Counter Available:Yes

New Jersey
Interest Rate: 18% per annum
Bid Method: Bid down interest or bid on premium
Redemption Period: 2 yrs
Over the Counter Available: No

New York
Interest Rate: N/A
Bid Method: N/A
Redemption Period: N/A
Over the Counter Available: N/A

North Dakota
Interest Rate: 12% per annum
Bid Method: Premium bid
Redemption Period:3 yrs
Over the Counter Available: No

Ohio
Interest Rate: 18% per annum
Bid Method:Premium Bid
Redemption Period: NA
Over the Counter Available: No

Ohio is commonly known as a deed state, but counties with populations above 200,000 are also allowed to conduct lien sales.

Oklahoma
Interest Rate: 8% per annum
Bid Method:Random selection or rotational
Redemption Period:2 yrs
Over the Counter Available: Yes

South Carolina
Interest Rate: 8 – 12% per annum
Bid Method: Premium bid
Redemption Period:1 yr
Over the Counter Available: yes

South Dakota
Interest Rate: 12% per annum
Bid Method:Premium bid
Redemption Period:3 yrs (within municipality) 4 yrs (outside municipality)
Over the Counter Available: Yes

Vermont
Interest Rate: 12% per annum
Bid Method: N/A
Redemption Period: 1 yr
Over the Counter Available: No

West Virginia
Interest Rate: 12% per annum
Bid Method:Premium Bid
Redemption Period: 17 months
Over the Counter Available: Liens (no) Deeds (yes)

Wyoming
Interest Rate: 15% per annum plus 3% penalty
Bid Method: Random selection
Redemption Period: 4 yrs
Over the Counter Available: Yes

List of Hybrid States (Combination of Tax Deed and Tax Lien Certificate Sales)

Connecticut
Interest Rate: 18% per annum
Bid Method: Premium bid
Redemption Period: 1 yr
Over the Counter Available: No

Delaware Deed
Interest Rate: 15% penalty
Bid Method: Premium bid
Redemption Period: 60 days
Over the Counter Available: No

Georgia Deed State (hybrid)
Interest Rate: 20% penalty
Bid Method:Premium bid
Redemption Period: 1 yr
Over the Counter Available: No

Hawaii Deed (hyrbid)
Interest Rate: 12% per annum
Bid Method: Premium bid
Redemption Period: 1 yr
Over the Counter Available: No

Louisiana Deed (hybrid)
Interest Rate: 12% per annum plus 5% penalty
Bid Method: Bid down the interest
Redemption Period:3 yrs
Over the Counter Available:No

Massachusetts Deed (hybrid)
Interest Rate: 16% per annum
Bid Method:Premium bid
Redemption Period: 6 months
Over the Counter Available:No

Pennsylvania Deed (hyrbid)
Interest Rate: 10% per annum
Bid Method: Premium bid
Redemption Period:1 yr
Over the Counter Available: In some counties

Rhode Island Deed (hybrid)
Interest Rate: 10% penalty plus 1% for each month after 6
Bid Method: Premium bid
Redemption Period:1 yr
Over the Counter Available: no

Tennessee Deed (hybrid)
Interest Rate: 10% per annum
Bid Method:Premium bid
Redemption Period:1 yr
Over the Counter Available:No

Texas Deed (hybrid)
Interest Rate: 25% penalty
Bid Method: Premium bid
Redemption Period: 6 months (nonhomestead, nonagricultural) – 2 yrs (homestead, agricultural)
Over the Counter Available: Yes

List Of Tax Deed States

Alaska
Interest Rate: N/A
Bid Method:set by municipality
Redemption Period:1 yr (set by municipality)
Over the Counter Available:No

Arkansas
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:30 days
Over the Counter Available: No

California
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available: No

Idaho
Interest Rate: N/A
Bid Method:Premium bid
Redemption Period:N/A
Over the Counter Available: No

Kansas
Interest Rate: N/A
Bid Method:Premium bid
Redemption Period:N/A
Over the Counter Available:No

Maine
Interest Rate: N/A
Bid Method:Sealed Bid
Redemption Period:N/A
Over the Counter Available: No

Michigan
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available:No

Minnesota
Interest Rate: N/A
Bid Method:Premium bid
Redemption Period:N/A
Over the Counter Available:No

Nevada
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available: No

New Hampshire
Interest Rate: N/A
Bid Method:Premium bid
Redemption Period:N/A
Over the Counter Available: No

New Mexico
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available: No

New York
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available: No

New York is also allowed to conduct Tax Lien Sales.

North Carolina
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available:No

Ohio Deed and Lien State
Interest Rate: 18% per annum (for lien sales)
Bid Method: Premium Bid
Redemption Period: 15 days for deed sale
Over the Counter Available:No

Oregon
Interest Rate:N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available: No

Pennsylvania Deed (hybrid)
Interest Rate: 10% per annum
Bid Method: Premium Bid
Redemption Period: Possibly 1 yr
Over the Counter Available: In some small counties

Utah
Interest Rate: N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available:No

Virginia
Interest Rate: N/A
Bid Method:Premium bid
Redemption Period:N/A
Over the Counter Available: No

Washington
Interest Rate:N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available:No

Wisconsin
Interest Rate:N/A
Bid Method:Premium Bid
Redemption Period:N/A
Over the Counter Available:No

 

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