Are you ready for some more exciting Maybe you’d like Delaware a little better.
news?? This is the part that I like best all of Delaware is one of the best places to invest
the junior liens get wiped out! Understand on the East Coast. Investing in Delaware
just how big this is. Some of you might not can get you a big 20% return, and if the
know that in a foreclosure sale, liens that delinquent tax payer doesn’t redeem his
were recorded after the lien that initiated the property within 12 months, you get the deed.
foreclosure, will be wiped out. Keeping in
mind that the laws can differ considerably In Maryland, you can earn 24% on your
from state to state, a tax lien is usually money, depending on which county you
considered senior or ahead of the first lien. If decided to invest in. The Redemption period
you foreclose on a delinquent tax lien and is usually 1 year, although it can be as little
you end up with the house, you’ll own that as 6 months.
house free and clear of any liens!!
If you want to go to Illinois, you can do pretty
If you’re looking to improve on the meager well. Depending on the type of property
little return you’re getting at your local bank, involved you can get 18% return if the
how would you like to earn 18% interest on delinquent property owner redeems the
your money guaranteed, and your checks property within 6 months, and 36% return if
come straight from the government? If you the property is redeemed after the 6 month
wanted to invest in tax certificates in West period.
Virginia, you’d earn your 18% return! And if
TAX SALE PROPERTIES
the property is not redeemed within 18
The Perfect Investment..One Of Real
Estates' Best Kept Secrets
months, you could foreclose and end up with
the property.
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