Tax Lien Sales In Memphis Tn. All delinquent property taxes incur interest of 1.5% per month or 18% annually. This is a tax lien listing.
You selected the state of tennessee. Also, in the event of a foreclosure, your tax lien results in you successfully acquiring the property. This differs from tax lien states where a lien is sold against.
The memphis city council sets the city tax rate based upon the budget submitted by the city of memphis.
The original owner has 1 year to pay the back taxes, fees and 10% and get the property back. Tennessee tax lien certificate auctions. Are tax liens a good investment? All delinquent property taxes incur interest of 1.5% per month or 18% annually.