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Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time
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The Complete Guide to Investing in Real Estate Tax Liens & Deeds: How to Earn High Rates of Return - Safely
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Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series
The World's Greatest Tax Lien & Deed Investing System Period!
Learn How To Get Rich By Paying Other People's Taxes. Now You Can Team Up W/Uncle Sam To Receive Double Digit Returns On Your Investments. Learn How To Buy, Assign, And Whole Sale Tax Liens & Deeds From The Comfort Of Your Home! This System Rocks!
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A lien is a claim against an item by another party, which utilizes that item as security for repayment of a loan or other claim. When you are bidding on tax liens, you are buying the debt and the delinquent party is now obligated to repay you, according to local laws. Non-payment allows you to foreclose on the property. The usual case is the real estate owner pays you off with the allowable interest and penalties and you make a good return on your money.
At a tax deed sale you are bidding to obtain the deed to the property. Not all tax deed auctions eliminate other liens on the property and if you are the winning bidder you have won the debt associated with the other liens. At the tax deed auction, you get title to the property.
Either way, this sounds like a great way to get property cheaply, but it is a definite case of buyer, beware!
Tax liens/deeds are sold at auctions to the highest bidder. Different states and even counties handle this process differently; so learn the ropes in the county/ state you are considering. Since some states let you bid by mail, you do not need to be there and it might be tempting not to check on the state rules. Tax liens/deeds in the wrong state could break you.
Though this sounds like a great way to get property for pennies on the dollar, there are still numerous pitfalls. It is essential to do thorough due diligence to avoid the potential pitfalls associated with the purchase of tax liens/deeds. Do your homework carefully prior to bidding on a tax lien or deed.
Potential problems due diligence could prevent:
1. IRS or other creditor may have priority
2. There are other liens on the property that you will become obligated to pay
3. Purchasing sight unseen, relying only on pictures provided by the seller may not tell the whole story - the good deal on land turned out to be prone to flooding periodically.
4. Often the description with the tax lien information is incomplete, inaccurate, or missing completely, so without an inspection you cannot be sure what you are getting
5. Location may not be clear in the sales information and it may be in a slum or other undesirable location.
6. Does it have lead based paint or asbestos?
7. What is the condition of the foundation?
8. Can you really make money on this deal?
Knowledge is key in real estate – what looks like the easy road could easily be the one with a cliff at the end. Take the time to learn. Do not depend on those handling the sale to provide the information necessary to make an educated decision. |
Tax Lien Investing Basics.
You'll receive 2 intensive workshops to Demystify the process of Finding the Best Place to Invest and Getting the Information that you need to start Investing In Profitable Tax Lien Certificates or Tax Deeds
Tax Auction Finder Is Your Quick Start Guide To Tax Lien & Tax Deed Investing. This Book Was Written To Help Reveal The Little Known Techniques That The Bankers And The Rich Have Been Using To Generate Their Own Personal Wealth For Decades.
Inside, you'll find answers to all your important real estate tax lien questions
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