Where To Find Tax Lien Certificates
Advantages of Tax Lien Certificate investing
SAVVY INVESTORS EARN 16 %, 18 %, UP TO 24 % ON GOVERNMENT TAX LIEN CERTIFICATES... TED THOMAS
According to county treasurers across the United States, 95 to 97 percent of all property owners pay the delinquent tax in 24 months or less. It ' s rare that a property owner fails to redeem( pay) the Tax Lien Certificate, but it does happen, nationwide, every year there are thousands of buyers who end up with property for only the cost of back taxes which they purchased at a tax defaulted auction. In a subsequent article, I’ ll have more about tax defaulted property auctions, meanwhile, if the property owner fails to pay taxes, the tax lien certificate holder is awarded the property in exchange for paying the taxes, the county or municipality sends the tax lien certificate purchaser a deed, giving them the fee simple right to keep or sell the real estate.
Where To Find Tax Lien Certificates
Where can you find tax lien certificates that are up for auction? Local governments compile a list of delinquent property owners on a regular basis. This list can be found in one of three places: published by the newspaper, published online, or a printed list available directly from the government office. When you obtain the list, you can also get instructions and the date of the next auction of tax lien certificates.
To review, only two things may occur if you purchase a tax lien certificate. Number 1, the property owner gets their act together and redeems the certificate, that is they pay the certificate and when they pay you’ ll receive all the money you invested plus a high interest rate which could be 16, 18, up to 36 %. Number 2, the property owner continues the default and does not pay and the time limit runs out and you end up with the property free and clear. The mortgage is wiped out by an act of law, that is, the mortgage is extinguished by law in every state and every county in America.
Advantages of Tax Lien Certificate investing
Tax lien certificates pay interest rates up to 16 %, 18 %, 24 % even 36 % depending on the county where you purchase, each county has its own rules and amounts they pay. Conservative investors really like tax lien certificates because they are passive investments with very low risk. In short, they are predictable, certain and secure. Watch for more details in the future …
Ted Thomas
Ted Thomas is famous for showing newcomers and investors how to earn 6 figure incomes within 1 year of completing his training program. Conservative investors love tax lien certificates because they are predictable, certain and secure and sold by local government. Tax defaulted properties are sold at oral big auctions and online. Starting bid, only the back taxes …. More information at TedThomas. com