South Carolina Tax Deeds

South Carolina Tax Deeds

South Carolina is not a Tax Lien state instead delinquent properties are sold as redeemable Tax Deeds.  Investors bid a premium at the auction. The redemption period is 1 year and the penalty rate varies depending of the date in which redemption occurs. 1st quarter is 3%, 2nd quarter is 6%, 3rd quarter is 9% and 4th is 12%. However the maximum accrued interest and investor can earn is capped at the amount of the opening bid.

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