How would you like to earn 10, 20 up to 50% return per year on your investment with zero commission and minimal risk? Ok, ok...lower
your hand and sit down. Banks and other large financial institutions have been earning these rates for years...and with your
money!
Everytime you go and buy a certificate of deposit from your bank for a measly 4.25% return, the bank turns around and
buys liens at tax sales at much higher interest rates. And now you too can earn 3-5 times the return as a certificate of deposit
with virtually zero risk!
Tax sales are the means by which state governments can collect delinquent back property taxes.
When a property owner does not pay his taxes the county can sieze the property and then either place a lien on the property or sell
it outright in a tax sale, depending on state law.
The tax lien certificates and tax deeds are sold to the public at auctions where you, the investor, can bid on them. These lien
certificates have very high interest rates on them that must be paid off before the lien is released. With a tax deed you own
the property outright.
Tax liens have an added benefit. If liens are not paid off before the end of their redemption period
then the lien holder has the option of foreclosing on the lien and taking the property. Real estate for pennies on the dollar.
