Bon Homme, Mississippi Delinquent Tax Sale Property


The collection of real estate taxes for properties located in Bon Homme Mississippi is a major priority for the Forrest County Mississippi Tax Collector. Real estate taxes fund local services such as public education, police protection and medical services.

Delinquent property taxes create a serious cash-flow problem for Forrest County Mississippi. If Forrest County Mississippi is unable to collect property taxes, they are also unable to fund important government services like police protection, public schooling, and emergency medical services.

Without the tax revenue generated from real estate located in Bon Homme Mississippi, Forrest County Mississippi would literally go bankrupt.

To solve this cash-flow problem, Forrest County Mississippi allows investors to come in and pay off a portion of these delinquent property taxes.

In return, Forrest County Mississippi gives investors Mississippi tax lien certificates. A tax lien certificate is a document indicating ownership of a real estate tax lien. A tax lien is simply a claim for taxes.

A Mississippi tax lien certificate transfers all the rights that come with being the owner of the real estate tax lien from Forrest County Mississippi to the investor.

When purchasers buy tax lien certificates in Mississippi, they are paying someone else's delinquent property taxes. What's more, Mississippi actually gives purchasers the right to receive all of the tax money due - including fees, interest, and/or penalties.

To encourage delinquent owners to pay their past-due property taxes, the state of Mississippi charges up to 18% per annum on the amount paid to satisfy the delinquent taxes, which is passed directly to the tax lien certificate purchaser.

The sale of tax lien certificates is a solution to a complex problem Forrest County Mississippi recovers lost revenue needed to fund local services, the property owner gets more time to satisfy their delinquent property tax bill and the purchaser receives a tax lien certificate which is real estate secured and offers up to 18% per annum mandated by Mississippi law.

For "risk-sensitive" investors Mississippi tax lien certificates are an attractive alternative to traditional investments choices. With tax lien certificates, purchasers are investing their money with Forrest County Mississippi and when the Forrest County Mississippi Tax Collector collects the past due taxes, they send purchasers a check, returning what they paid to purchase the Mississippi tax lien certificate plus applicable penalties, interest, and/or late fees.

Mississippi tax lien certificates are attractive in several ways. First, the rise and fall of interest rates has no effect on Mississippi tax lien certificates. Unlike the stock market, interest rates on Mississippi tax lien certificates are mandated by Mississippi law.

In addition, Mississippi tax lien certificates are secured by real estate. So if purchasers do not receive what they paid to purchase the Mississippi tax lien certificate plus interest and/or penalties within the law mandated redemption period, the purchaser acquires title to the property free and clear of all liens created prior to the sale.

So in review, there are generally two outcomes with the purchase of a tax lien certificate; the purchaser will either receive what was paid to satisfy the delinquent property taxes PLUS up to 18% per annum, or Forrest County Mississippi has the legal right to transfer them the property - often with no mortgage!

Once they own the property they can do whatever they like; sell it, rent it for monthly cash-flow, even move in (often with no mortgage payment).

As with any investment, there is always an element of risk. Even if the tax sale process is written into Mississippi law, mandated by Mississippi law, and regulated by Mississippi law, there is still a chance of purchasers incurring substantial loss. It is recommended that anyone considering buying a tax lien or tax foreclosure property consult properly licensed legal and accounting professionals.

Join the Bon Homme Mississippi Delinquent Tax Sale Discussion.

Below you will find a collection of the latest user questions and comments relating to Tax Lien Certificates on tax-delinquent property located in Bon Homme Mississippi.

Learn about Tax Lien Certificates in other counties or municipalities located in Mississippi.

The following is a list of counties located in the state of Mississippi. Tax Lien Certificates for properties located in the following counties are sold at Mississippi county tax sales.

Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below:

County / Municipality:  Population: 
Adams County, MS  34,340
Alcorn County, MS  34,558
Amite County, MS  13,599
Attala County, MS  19,661
Benton County, MS  8,026
Bolivar County, MS  40,633
Calhoun County, MS  15,069
Carroll County, MS  10,769
Chickasaw County, MS  19,440
Choctaw County, MS  9,758
Claiborne County, MS  11,831
Clarke County, MS  17,955
Clay County, MS  21,979
Coahoma County, MS  30,622
Copiah County, MS  28,757
Covington County, MS  19,407
Desoto County, MS  107,199
Forrest County, MS  72,604
Franklin County, MS  8,448
George County, MS  19,144
Greene County, MS  13,299
Grenada County, MS  23,263
Hancock County, MS  42,967
Harrison County, MS  189,601
Hinds County, MS  250,800
Holmes County, MS  21,609
Humphreys County, MS  11,206
Issaquena County, MS  2,274
Itawamba County, MS  22,770
Jackson County, MS  131,420
Jasper County, MS  18,149
Jefferson County, MS  9,740
Jefferson Davis County, MS  13,962
Jones County, MS  64,958
Kemper County, MS  10,453
Lafayette County, MS  38,744
Lamar County, MS  39,070
Lauderdale County, MS  78,161
Lawrence County, MS  13,258
Leake County, MS  20,940
Lee County, MS  75,755
Leflore County, MS  37,947
Lincoln County, MS  33,166
Lowndes County, MS  61,586
Madison County, MS  74,674
Marion County, MS  25,595
Marshall County, MS  34,993
Monroe County, MS  38,014
Montgomery County, MS  12,189
Neshoba County, MS  28,684
Newton County, MS  21,838
Noxubee County, MS  12,548
Oktibbeha County, MS  42,902
Panola County, MS  34,274
Pearl River County, MS  48,621
Perry County, MS  12,138
Pike County, MS  38,940
Pontotoc County, MS  26,726
Prentiss County, MS  25,556
Quitman County, MS  10,117
Rankin County, MS  115,327
Scott County, MS  28,423
Sharkey County, MS  6,580
Simpson County, MS  27,639
Smith County, MS  16,182
Stone County, MS  13,622
Sunflower County, MS  34,369
Tallahatchie County, MS  14,903
Tate County, MS  25,370
Tippah County, MS  20,826
Tishomingo County, MS  19,163
Tunica County, MS  9,227
Union County, MS  25,362
Walthall County, MS  15,156
Warren County, MS  49,644
Washington County, MS  62,977
Wayne County, MS  21,216
Webster County, MS  10,294
Wilkinson County, MS  10,312
Winston County, MS  20,160
Yalobusha County, MS  13,051
Yazoo County, MS  28,149