this resource to
pool of liens placed on different
The liens are placed on
property that has delinquent
order for the owner to 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.
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. 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 during the redemption period following the sale, then the investor
often gets the entire property
for only the taxes, penalties
and interest owed.
you looking for detailed
information for every state
that sells tax liens or tax