It did not change hands for day. A tax lien is the best lien to have though because it primes even the mortgage. It gets collected FIRST if the property goes to sale. Tax lien after 3 years un-redeemed then and only then, does title transfer to the tax lien owner of almost 4 years prior.
If you think it changed hands for a day, answer this-
Utilities for a day ?
Keys/access for a day ?
Responsible for repairs, maintenance for a day ?
Did the new “owner” live there for a day ? Walked through it for a day ? Had a party there for a day ? Paid for a day’s operational costs ?
Think of a tax lien like a supplier/vendor/labor lien with super powers. And the lien pays handsome interest. If you get an owner that can’t pay, it’s a great deal, but only after 4 years.
After 4 years the property might be in rather serious decay as if the owner can’t pay the taxes, he probably can’t pay the maintenance either.
Please know what you talk about before you post stupid shit you have no idea what about its meaning.
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