These are usually handled through city property auctions. Bidding usually starts at a few dollars. But you have to read the fine print. They will usually have city, county, state, federal, and private liens on them.
For example a federal treasury auction will discharge IRS tax liens but not state, county, and city charges. I've seen $1mm beach-side homes auctioned for <$100k. But then have $500k+ in state liens on them.
A savvy buyer will get the titles and try to get the liens discharged by negotiating with the other agencies or pay them off. This is factored into the offer they will make on the property. If you think you've stumbled into a method to get rich quick you're sadly mistaken.
For example a federal treasury auction will discharge IRS tax liens but not state, county, and city charges. I've seen $1mm beach-side homes auctioned for <$100k. But then have $500k+ in state liens on them.
A savvy buyer will get the titles and try to get the liens discharged by negotiating with the other agencies or pay them off. This is factored into the offer they will make on the property. If you think you've stumbled into a method to get rich quick you're sadly mistaken.