Investing in tax liens is one of the BEST ways to build a steady stream of income in all markets. It will take a little research to learn the ropes but it is well worth the effort. You can easily earn up to 20% on your money with almost NO risk whatsoever. At themoneyhacker.com we want to show you how to get started...
Basically, counties
raise money by taxing property. If the owner of the property fails to
pay the tax, the amount of the tax becomes a lien against the property.
The beautiful thing for investors is that this lien isupercedes any
other judgements against the property including the mortgage. This means
that if the homeowner doesn't pay the property tax then YOU as the
lienholder get title to the property ahead of the bank that holds the
mortgage. For that reason, the bank itself will pay the lien off (with
any interest) just to protect their investment. The best part is that
the penalties for not paying these tax liens are HUGE. The laws vary by
state but you can easily expect to earn a safe 12-20% from these
instruments.
Why does the county sell these liens in the first
place? Because they need the money now in order to pay for schools,
police, etc. By state statute, each county is authorized to collect the
taxes due that remain unpaid by selling at public auction, either a Tax
Lien Certificate or a Tax Deed.
Learning how to buy these Tax Lien
Certificates and Tax Deeds is a very real way to earn very good stream
of income. The aim of this site is to help you understand how the
process works how to profit from it.
If this is such a good way to
earn huge returns then why doesn't everyone do it? That's what I asked
myself until I started investing in tax liens. It definitely took a lot
of research before I knew what to do and how to actually buy these
things. After a couple of months of calling counties and getting lists
of tax liens for sale, I discovered that you can buy these things online
in a lot of counties....the point is...it took a lot of my time and
energy before I figured that out and most people would've given up
before that. But now, with the stock market down double digits already
this year, I'm earning an average of 16% on liens across the country. So
how do you get started?
There are thousands of counties in the
United States, and each one holds separate auctions for their own tax
liens. There are some good books on the subject, (I recommend this one
as a great starting point ), and most of the counties have very good
websites where you can get a list of tax liens available, auction dates
and FAQ's. Two excellent resources to access the various counties across
the US can be found on our site.
There are a number of approaches you can take at this point. To keep it simple, I recommend researching your own county first. Read the treasurer's page on the county website and find out :
There are a number of approaches you can take at this point. To keep it simple, I recommend researching your own county first. Read the treasurer's page on the county website and find out :
- When will the county be conducting the next Tax Sale?
- Where will the sale take place? (Get the address, room, and time of sale)
-
How can I get a list of the Tax Liens/Properties to be auctioned?
(Sometimes, the county will have copies available at their offices. Most
likely they will refer you to a local newspaper that prints the sale
notice and list of properties or liens to be sold)
- How can I get
the Rules of the Sale? (The terms and conditions of the sale including
pre-registration requirements and methods of payment).
- If a it's a lien sale, what is the interest rate? How is it calculated?
- Does the county have any unsold Tax Lien Certificates or properties from the last sale?
For
example...let's say you decide to research Maricopa County in Arizona
(Phoenix). Go to the County Treasurer's site and click on "2008 Tax Lien
Sale Info". As you can see - everything you need to know is on the
county's site. Auction date, terms, specific parcels, FAQ's, EVERYTHING.
The best part is...you can buy these liens online through their site...
Investing in tax liens is deceptively simple. As you see, you can get
all the information you need to know from There are a lot of "Guides"
out there (and they're not all bad actually...especially if you want to
get into investing in tax deeds...) but everything you need to start
earning 16% is here! Want a calendar of all county Tax Lien sales as
well as which ones allow you to buy them online?
The sky is the limit.If you are interested in learning more about Tax Deeds and Liens, you should click on the link below. It is a great place to get started if investing in real estate is what you are looking to do. Yes, you can still make a fortune in Real Estate with this Ultimate Real Estate system. >>> http://bit.ly/1ukjzFZ
The sky is the limit.If you are interested in learning more about Tax Deeds and Liens, you should click on the link below. It is a great place to get started if investing in real estate is what you are looking to do. Yes, you can still make a fortune in Real Estate with this Ultimate Real Estate system. >>> http://bit.ly/1ukjzFZ
Chris Chamberlain started the journey to building streams of
wealth online 4 years ago. 18 months later he left his 6 figure job on
Wall St. because he was making more money in less time online. Now he's
started [http://www.themoneyhacker.com] to share his methods with others
starting out where he was just a few years ago.
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