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American Tax Funding (ATF) is a private company based in Jupiter, Florida that engages in the purchasing and servicing of delinquent municipal real estate tax lien sales. Originally formed in 1997 as Transamerica Municipal Finance (TMF), a division of Transamerica Corporation . [ 1 ]
Chapter 197.4 (of Title XIV) of the Florida Statutes applies to tax lien sales which provide liquidity to counties in lieu of actual taxes (investors are allowed to bid on and purchase tax lien certificates, which upon payment of the tax are repaid with interest to the investor).
Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...
To get a mortgage, lenders require a thorough title search of local property records to ensure the title is clear. How to check for clear title on property. ... Undisclosed tax liens.
When a homeowner defaults on property taxes, the county may place a tax lien on the property. This could end in a tax sale with an investor paying the taxes to get the home. While tax sales can be ...
Use an online search tool like U.S. Title Records to order a property report. This is an easy way to learn about the history of your property while checking for any current or past liens.
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