What's a Tax Lien Redemption Period

Redemption periods are usually specified and set by the local authorities. They are usually not fixed, as they vary from place to place. When dealing with a tax lien with a redemption period attached, you have to exercise patience. It may take a while before the property owners fulfill their obligations to the government and redeem their tax liens. Redemption periods have a direct impact on the returns of a tax-lien investment. The longer the redemption period, the longer it takes for you to get the returns.
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