Memphis Tax Sale
by Memphian
You may or may not be aware that the City of Memphis hosts tax sales. A tax sale is when property is sold for its unpaid taxes. This occurs at a public auction. Usually these properties can be bought for great deals. These are advertised within twenty days of the sale in the paper. Each property has specific terms.
Note that the auction only accepts cash, cashier check, or money order.
If you are into real estate this is something worth looking into.
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