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Tax
Lien Certificate
A
certificate that is usually sold at
a public auction that represents the
debt, penalties and interest owed on
tax delinquent property.
The actual physical
certificate is nothing more than a
piece of paper issued by the county
to an investor.
If the property owner pays
off the tax debt, the certificate is
considered redeemed and the investor
surrenders it to the county.
After the county receives the
certificate, the investor is paid
the amount of the tax lien
certificate including the interest
due on the certificate.
Depending on the state, these tax
lien certificates offer interest
rates ranging from as low as 8
percent to as high as 36 percent.
Also, in most states, if the
owner never pays off the
certificate, then the buyer of the
certificate (the investor) receives
the property.
Discover
the most comprehensive tax lien
certificate and tax deed sale
investing product on the market
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