Tax Deed Sale Title Question... marketable title?
Hello all,
I was wondering if anybody was familiar with titles from tax deed sales. I am a beginner to the topic, but just was looking for some advice from some of you real-estate savvy experts out there.
My question is about the title of a deed bought from a tax sale... How do you find out if the title is "marketable" or any good. Is there a good website to go to that you can check the status? Also, if it isn't "marketable" what can you do to make it so that the property is sellable? I only ask because after looking at a couple county clerk websites in Florida, I find this warning often:
"You may wish to research or seek advice on any property you are considering bidding for before the tax deed sale. Generally, when any lands are sold for the nonpayment of taxes, the title may not be a marketable title."
I was just wondering if anyone could clear that up for me as I am only a beginner in this whole idea and really don't want to get myself into a bad situation.
Also feel free to offer any advice or wisdom you may have to offer to a beginner regarding buying tax deed sale properties. Any tips will help, thanks! :)
-Andrew