Malaysia Real Estate

[Graysonaw]

I'm assuming you mean "Tax Sale Property", it's where a town/city/county has taken a property for non-payment of taxes, and is trying to sell it to get either all or some of the taxes owed paid off. If the town/city/county gets more than the taxes were owed for it, they get to keep the excess.
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banking deals

[Xanthia Alysha]

I'm assuming you mean tax sale property. Tax sale property is property that has been seized for the non-payment of taxes. It is usually auctioned off at the local courthouse or any other venue to pay off the debt owed on property taxes. You have to have cash on hand at the auction and you are bidding against other people. Best bid wins unless they aren't high enough to meet the reserve price set by the agency. You can get property really cheap like this.
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