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Tax
Liens
A
pool of liens placed on different
property owners.
The liens are placed on
property that has delinquent taxes.
In order for the owner the
clear the title, the lien must be
paid off.
Often if the owner does not
pay the taxes off, the lien is sold
to investors.
After a period of time
expires, called the redemption
period, the owner will forfeit the
property to the investor
In many states, pools of tax liens
are sold to investors once a year at
a public auction.
To make the liens interesting
to investors, an interest rate,
ranging from 8% to as high 50% is
placed on the lien so if the
investors buys the debt due on the
lien, he/she gets a high return on
their money. Otherwise, if the delinquent property owner does not pay off the
lien, then the investor often gets
the entire property for only the
taxes, penalties and interest
owed.
Discover
the most comprehensive tax lien
certificate and tax deed sale
investing product on the market
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