How To Buy Tax Lien Properties

Buying lien properties is a good question. To many people can read an advertisement or watch a commercial on TV about anything now a days and see rags to riches stories. One day your in the poor house the next day your on easy street; just buy here.

To be successful in purchasing tax property you must know the road to travel. There is nothing hard provided you not just have information you have the correct information.

Buying Tax Liens differ from state to state and not all offer these properties for sale. So the information I will offer here may or may not be correct for the property you wish to invest in - Please do your homework and find out the proper rules.

Some questions to get answered before you buy, or just to clarify bid on:

- Where do I find out about sales?

- What will cost be?

- Where is the information for the properties?

- After I buy a certificate what do I do?

- How can I know what a good price to pay for a tax lien certificate is?

- How much money can I really make doing this type of investing?

- Registering for the tax sales, where when and how?

- What information do I need to provide?

- Which forms are required and where can I obtain them?

- Can I buy online or through the mail?

- How do I profit from my tax deed or lien?

- How long to collect my profit?

- How do I clear the title to a property that I purchased from a tax sale?

- Will I need legal advice?

- Can I buy liens and deeds in my own name or do I need a business?

That being said basically this is how to buy tax lien properties in a nutshell:

1) Contact tax collector or the treasurer office in the county you will be doing business in and see if you can buy tax lien deeds, if you can; find out when the next sale is, where it will take place, and ask for a list of properties going to auction, ask for a copy of the rules for the sale taking place, what is the lien rate and how is it calculated.

2) From here get all the information requested in front of you and build a plan of action and once built stick to it!! So your list of properties going to auction may be in the 1000s do not have a heart attack just start weeding out the properties that you have no interest in, for example properties out of your price range, do you want commercial property, in which areas are you interested etc..

3) Research the properties you are interested in, you can do an online search or you can go to the records office. Try to find assessed value; are there improvements that have been done or need to be done and any other information to help you determine what to bid to?

4) When it is auction day get there early to register and get up front, many more bids are won up front rather than in the back.

That is a general plan of action when getting ready to buy tax lien properties. If I have made it sound to easy, I guess on one hand it really is that easy if you have the information needed and on the other like anything there is a learning curve. It really is easy once you get the hang of investing, what not to do, what to do and so on and you won't need to go through this phase if you do not want to. Eventually with knowledge, persistence will be the only setback to your objectives.
 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  

Stuart J Miller is enamored with tax lien investing. If what you have just read grabbed your attention on the possibilities of tax lien investing, go to How To Buy Tax Lien Properties for more information and a complete 'System' to show you how to invest in profitable Lien Certificates and Deeds. Plus grab these 3 bonuses FREE- 1) Exclusive private invitation to attend a one-of-a-kind Q & A teleseminar with the Tax Lien lady, 2) How to use a Self-directed IRA to invest in Lien Certificates and Deeds, 3) State guide to Tax Lien and Tax Deed Investing in every state. How To Buy Tax Lien Properties

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