Legal Question in Real Estate Law in Indiana

Good evening. I have a question. If I purchase a lien in a tax sale for $10,000 but the property is worth only $5000... So I decide to redeem the lien myself, am I able to recoup the tax portion I paid or is it a loss? Thank you for your time


Asked on 10/09/16, 6:22 pm

1 Answer from Attorneys
Kenneth Wilk Rubino Ruman Crosmer & Polen

It's a loss.

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Answered on 10/10/16, 7:41 pm


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