Vermont Tax Sale Facts:
The Vermont annual tax lien certificate auctions are held at various times throughout the year depending on the individual towns. The bidding method is a premium bid over the face amount of the tax lien. The interest rate of return on their tax lien certificates is 12% per annum accruing monthly. The redemption period on these tax liens is 1 year from the date of the auction. https://www.vlct.org/municipal-directory .
There are 255 towns and cities in Vermont, each with the possibility of an auction. No over the counter liens are sold.
As northeastern states go, Vermont is not too bad. They ge
Interested in Tax Sales in Another State?
Tax Sales investing is a niche that has the potential to be insanely profitable.
However, most investors do not have a deep understanding of this investing strategy.
Every state has a unique set of rules and regulations. There are some basic rules you need to understand as to how the process works. Generally, states will fall into one of three categories:
- Tax Lien States
- Tax Deed States
- Hybrid States
Hybrids are states who conduct their tax sales by selling tax deeds with a caveat. The deeds have a redemption period much like a tax lien certificate.
This map provides links to information for every state as well as Washington DC.
