| The government must collect taxes to be able to do | | | | owed and is set by the government and is a stiff |
| its business day to day. If a property owner does | | | | rate. The rate depending on what state the property |
| not pay their taxes the government will offer publicly, | | | | is in could be anywhere from 8% to 14%. Can you |
| tax lien sales. | | | | think of another type of investment that will show |
| Current research shows there are 30 states that | | | | returns like that with almost no risk? Occasionally you |
| offer tax lien sales. In these states there are 1000s | | | | can even see returns of 25% - 30%!! |
| of certificates for sale and in order to purchase them | | | | This way of investing is one of the if not the best |
| you need to know which ones are for sale, where | | | | opportunities to make big returns on your initial |
| are they located and when the sale is taking place. | | | | investment with very very little risk on your part. |
| Most times with due diligence you can get this | | | | Your mind may be asking questions like: |
| information easy enough. That is the easy part if you | | | | - Is it true you can receive astronomically high annual |
| are not skilled in investing. | | | | yields by investing in certificates? |
| Tax lien investing is a two headed monster that really | | | | -If there are leftover liens from the county after a |
| is not that difficult to grasp, becoming an expert | | | | tax sale can I purchase them right there and then? |
| takes time, becoming educated enough to know right | | | | -How will you know what the interest rate on the |
| from wrong depends on you and the information you | | | | certificate will be? |
| receive. | | | | -When and where is the next sale? Some states hold |
| Certificate sales are not the same as deed sales. | | | | sales once a year, while other states hold sales 4 |
| Certificates are purchased through the government | | | | times a year or even monthly. |
| at specific stated times giving you the investor the | | | | All valid questions, here are a few more you should |
| opportunity to buy the collection rights to a property | | | | know the answers to before you invest: |
| owner that has not paid his taxes, a certificate does | | | | *Is there a situation when you should NEVER call the |
| not give you the investor any property rights it gives | | | | County? |
| you the right to collect back your money invested | | | | *Obtain Tax Sale Listings From a variety of sources |
| plus a high interest fee. This scenario will make it | | | | the "right way" |
| easy for you to understand. A property owner does | | | | *The correct Documentation you must have to bid |
| not pay his taxes; the government wants that | | | | on certificates for sale. |
| money so they allow you the investor to pay the bill | | | | If you have a solid plan of action to follow, if you |
| due for the property owner that has not paid them, | | | | know where to look, what to look for, how to look |
| this way the government will get their money. You | | | | and if you take action you will find rewards and |
| get a certificate proving you paid the property | | | | returns through this way of investing you did not |
| owners bill for him. Now you wait and when the | | | | believe were possible. |
| owner pays his taxes (over 98% do) the | | | | Do not believe you can snap your fingers and make |
| government collects not only the total amount due | | | | it happen, do it right from the start by getting |
| but also collects a penalty fee from the delinquent | | | | answers to all your questions in an honest easy way |
| non-payer for his late payment fee and sends all | | | | which will arm you with the proper information to |
| monies to you. This penalty is interest due on taxes | | | | make an informed decision. |