| There's something about the hypnotic singsong of an | | | | frenzy-just because your competitors keep upping |
| auctioneer which has the power to divulge the | | | | the bid doesn't mean the property is valuable. They |
| intensely competitive side of you that you never | | | | may have failed to do their research. You, on the |
| knew you had. But after the excitement of a tax | | | | other hand, are always prepared to make smart |
| deed sale auction has come to an end, you don't | | | | investments. |
| want to find yourself stuck with a worthless piece of | | | | The easiest way to get information on auctions and |
| real estate you'll never be able to sell. So before you | | | | property is on the internet. Hit up the county website |
| set out for the nearest upcoming auction, do your | | | | for property appraisals, dates, and other useful |
| research and get the facts. | | | | information. Sites like will steer you to lesser-known |
| There is no substitute for careful research when it | | | | counties where the competition may not be so stiff. |
| comes to investing. You have the potential to earn | | | | Here's another secret of savvy investors-pursue tax |
| fabulous amounts of wealth through tax deed | | | | deeds for vacant lots. Many investors don't even |
| auctions-don't sabotage yourself with skimpy | | | | give these lots a second glance, bidding only on |
| research. You can thwart many a bad investment | | | | houses. Unrivaled, you can snap up these lots at |
| with a simple phone call, visit to a website, or | | | | absurdly low numbers-often for a little over $100.00. |
| drive-by of a property. | | | | Your earning potential for a decent-sized lot you |
| Bidding Limits, the Internet and Other Insider Tricks | | | | have paid so little for is incredibly high. |
| When you attend a tax deed sale, decide on a fixed | | | | The truth is, only a fraction of your competitors at a |
| and educated maximum-bid for each particular | | | | tax deed sale auction will have conducted the |
| property you are interested in. Inclinations and | | | | responsible, thorough research that is required to |
| hunches are unlikely to get you very far in the tax | | | | consistently make great investments. Don't be |
| deed business. Let the background information you | | | | numbered among the ignorant masses-put the effort |
| have gathered via your preparatory research guide | | | | into becoming an informed investor and your reward |
| your bidding-not the depth of your wallet or the | | | | will be success, wealth, and an exciting new career as |
| sense of competition. Don't get caught up in a bidding | | | | an entrepreneur. |