Your Source for Free Tax Lien Information
South Carolina has an 8% to 12% annual return on the tax liens depending on whether the real estate is redeemed during the first six months of the redemption.
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Unlike personal debts, tax liens on real estate "run with the land"; that is, a property owner becomes responsible for payment even if the tax obligation was incurred by a prior owner. Depending on the law of the state or jurisdiction, the owner of the property may also be personally liable for payment of the taxes.
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