Tax Deed Sale Question

[scooter6251]

We were discharged from BK7 in Jan 2011. One debt that was discharged was a loan from WF on a lot in a gated community in FL. Of course we have paid no taxes on the lot since tax year 2008. I just got a letter from the office of the Tax Collector in Polk County stating that a tax certificate was sold on my lot which can result in a public auction of the property if the tax certificate holder applies for a tax deed. My question is "Do I care?" I think it is a good thing since hopefully it will get the deed out of my name. Is there anything I should know since I've never been involved with a tax sale before. Thanks

[HHM]

You don't care.

[TBA]

If you have equity in the property when it goes to tax deed sale, you would be entitled to the proceeds once all the taxes are paid through the sale. But i am assuming you are with the rest of us when it comes to equity in RE in fla.

[tobee43]

i'm with hhm...you don't care!

[scooter6251]

Thanks everybody, would like to get that property out of my name but it looks like the certificate holder can't move on getting title until after a 2 year waiting period. But that's better than nothing. With FL all you do is wait