Eloise Florida Tax Lien Certificates

The collection of real estate taxes for properties located in Eloise Florida is a major priority for the Polk County Florida Tax Collector. Real estate taxes fund local services such as public education, police protection and medical services.

Delinquent property taxes create a serious cash-flow problem for Polk County Florida. If Polk County Florida is unable to collect property taxes, they are also unable to fund important government services like police protection, public schooling, and emergency medical services.

Without the tax revenue generated from real estate located in Eloise Florida, Polk County Florida would literally go bankrupt.

To solve this cash-flow problem, Polk County Florida allows investors to come in and pay off a portion of these delinquent property taxes.

In return, Polk County Florida gives investors Florida tax lien certificates. A tax lien certificate is a document indicating ownership of a real estate tax lien. A tax lien is simply a claim for taxes.

A Florida tax lien certificate transfers all the rights that come with being the owner of the real estate tax lien from Polk County Florida to the investor.

When purchasers buy tax lien certificates in Florida, they are paying someone else's delinquent property taxes. What's more, Florida actually gives purchasers the right to receive all of the tax money due - including fees, interest, and/or penalties.

To encourage delinquent owners to pay their past-due property taxes, the state of Florida charges up to 18% per annum on the amount paid to satisfy the delinquent taxes, which is passed directly to the tax lien certificate purchaser.

The sale of tax lien certificates is a solution to a complex problem Polk County Florida recovers lost revenue needed to fund local services, the property owner gets more time to satisfy their delinquent property tax bill and the purchaser receives a tax lien certificate which is real estate secured and offers up to 18% per annum mandated by Florida law.

For "risk-sensitive" investors Florida tax lien certificates are an attractive alternative to traditional investments choices. With tax lien certificates, purchasers are investing their money with Polk County Florida and when the Polk County Florida Tax Collector collects the past due taxes, they send purchasers a check, returning what they paid to purchase the Florida tax lien certificate plus applicable penalties, interest, and/or late fees.

Florida tax lien certificates are attractive in several ways. First, the rise and fall of interest rates has no effect on Florida tax lien certificates. Unlike the stock market, interest rates on Florida tax lien certificates are mandated by Florida law.

In addition, Florida tax lien certificates are secured by real estate. So if purchasers do not receive what they paid to purchase the Florida tax lien certificate plus interest and/or penalties within the law mandated redemption period, the purchaser acquires title to the property free and clear of all liens created prior to the sale.

So in review, there are generally two outcomes with the purchase of a tax lien certificate; the purchaser will either receive what was paid to satisfy the delinquent property taxes PLUS up to 18% per annum, or Polk County Florida has the legal right to transfer them the property - often with no mortgage!

Once they own the property they can do whatever they like; sell it, rent it for monthly cash-flow, even move in (often with no mortgage payment).

As with any investment, there is always an element of risk. Even if the tax sale process is written into Florida law, mandated by Florida law, and regulated by Florida law, there is still a chance of purchasers incurring substantial loss. It is recommended that anyone considering buying a tax lien or tax foreclosure property consult properly licensed legal and accounting professionals.

Join the Eloise Florida Tax Sale Discussion.

Below you will find a collection of the latest user questions and comments relating to Tax Lien Certificates on tax-delinquent property located in Eloise Florida.

Learn about Tax Lien Certificates in other counties or municipalities located in Florida.

The following is a list of counties located in the state of Florida. Tax Lien Certificates for properties located in the following counties are sold at Florida county tax sales.

Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below:

County / Municipality:  Population: 
Alachua County, FL  217,955
Baker County, FL  22,259
Bay County, FL  148,217
Bradford County, FL  26,088
Brevard County, FL  476,230
Broward County, FL  1,623,018
Calhoun County, FL  13,017
Charlotte County, FL  141,627
Citrus County, FL  118,085
Clay County, FL  140,814
Collier County, FL  251,377
Columbia County, FL  56,513
Desoto County, FL  32,209
Dixie County, FL  13,827
Duval County, FL  778,879
Escambia County, FL  294,410
Flagler County, FL  49,832
Franklin County, FL  11,057
Gadsden County, FL  45,087
Gilchrist County, FL  14,437
Glades County, FL  10,576
Gulf County, FL  13,332
Hamilton County, FL  13,327
Hardee County, FL  26,938
Hendry County, FL  36,210
Hernando County, FL  130,802
Highlands County, FL  87,366
Hillsborough, FL  998,948
Holmes County, FL  18,564
Indian River County, FL  112,947
Jackson County, FL  46,755
Jefferson County, FL  12,902
Lafayette County, FL  7,022
Lake County, FL  210,528
Lee County, FL  440,888
Leon County, FL  239,452
Levy County, FL  34,450
Liberty County, FL  7,021
Madison County, FL  18,733
Manatee County, FL  264,002
Marion County, FL  258,916
Martin County, FL  126,731
Miami Dade County, FL  2,253,362
Monroe County, FL  79,589
Nassau County, FL  57,663
Okaloosa County, FL  170,498
Okeechobee County, FL  35,910
Orange County, FL  896,344
Osceola County, FL  172,493
Palm Beach County, FL  1,131,184
Pasco County, FL  344,765
Pinellas County, FL  921,482
Polk County, FL  483,924
Putnam County, FL  70,423
Santa Rosa County, FL  117,743
Sarasota County, FL  325,957
Seminole County, FL  365,196
St Johns County, FL  123,135
St Lucie County, FL  192,695
Sumter County, FL  53,345
Suwannee County, FL  34,844
Taylor County, FL  19,256
Union County, FL  13,442
Volusia County, FL  443,343
Wakulla County, FL  22,863
Walton County, FL  40,601
Washington County, FL  20,973