Tax lien sales - when a landlord becomes delinquent in payment of their property taxes, the county government takes a legal action to collecting those taxes back. The county government will offer a tax lien certificate on that property. Then it will be publicly available for auctions, are called tax lien sales. A newbie can increase his profit by investing in tax lien properties. For example, in tax lien sales, if you’re an investor, then you should pay property taxes with penalties; after that as an investor, you will receive the money including an interest up to 30% of that lien property. The tax lien investment varies from one county to another. So you should aware about the places of the tax lien sales. And also make sure which lien property you are going to be investing. Because of the tax lien properties can be a vehicle, home, or any other real estate properties. However, all newcomers have one question on their mind, do I investing in tax lien sales is safe? For those investors, the following tips will be useful for saving money while buying tax lien properties:
When an investor follows these tips during tax lien sales, will definitely save lots of money and increase the profits. Comments are closed.
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