can anyone tell me about tax lien certificates,tax lien auctions& tax lien investing?

Answer 1

At a tax lean auction... well, it's just that. A public auction that offers properties for sale that the town has taken possession of, because the previous owners didn't pay their property taxes. When you bid on a property and win the bid, you have to pay the full amount right there on the spot. Banks and real estate companies will usually out bid any privateer trying to make a buck. They have the resources to investigate the properties worth (schools near by, neighborhood, property value in the area, condition of the house) and they do their home work before going to the auction. They also have unlimited resources (money) to out bid privateers. Search tax lien auction on the web, find an auction in your area and go to one, to see what it's like.
Don't forget, after you buy the property, you have to pay the property taxes every year and you have to do home improvements if you plan on selling it.

Answer 2

definite different liens can move to the hot proprietor. even with the undeniable fact that that is a sturdy funding to pay taxes and write resources vendors for the taxes your "processing fee" of a few states as a lot as 30% is felony (each and each state is diverse) in those sales (if the house proprietor would not pay you and also you have not paid each and each your to have it became over to you = some states and counties might want to be 5 years others are basically one 3 hundred and sixty 5 days) for more desirable files the tax assessor's workplace is more desirable than prepared to inform you about assistance on a thanks to do this. identify searches can prevent you from getting resources with liens (maximum loan organizations comprise taxes in the loan funds) Get a tile company that guarantees identify. So if a lien later looks they're to blame