How Tax Lien Certificates Work:
The county and city where that property is located has an operating budget for its day to day operations. The county or the city must collect this money in order to maintain its operations (School Board, Sanitation, Fire Department, Police, etc...). If a homeowner fails to pay property taxes, the taxing authority of the county will issue a tax lien certificate on that property. To get this tax revenue, many counties sell the tax lien certificates at auction.
Three winning outcomes:
- Outcome 1: You get a fixed rate of return as high as 36% annually.
- Outcome 2: You get back your money plus interest and expenses when the Tax Lien Certificate is redeemed by the homeowner.
- Outcome 3: You get Title to property at a substantial discount (up to 90% off market prices) if the taxpayer doesn’t pay.
Three Benefits of buying Tax Lien Certificates:
1. Superior Rate of Returns: The annual rate of return on a tax lien can be much higher than other investments such as stocks or bonds. Rates vary depending on the state.
· Florida - up to 18%
· Arizona - up to 16%
· Iowa - up to 24%
· Illinois - up to 36%
2. Low Risk: Tax liens are far safer than other forms of investment and are guaranteed by the local government and the real estate serves as collateral.
3. Immediate Equity: If the lien is not paid off with interest and fees by the defaulting homeowner, you can own the property by just paying off the taxes due.
Easy to understand training. In one highly informative DVD loaded with valuable information and Tax Lien Secrets. You will learn everything you need to begin investing in the profitable world of Tax Lien Certificates.
DVD Topics:
- Overview of Tax Liens and Tax Deeds
- Understanding Real Estate & Mortgage Terminology
- Understanding Tax Lien Terminology
- Lien Theory vs. Title Theory
- Acquiring Title thru the Deed
- Preparing for Tax Lien & Deed sales
- Powerful strategies for making a profit
- Gathering information and appraising properties up for sale
- Understanding the Tax Lien Auction process
- Bidding Strategies on Tax Liens
- Buying Tax Lien Certificates throughout the United States
- Assignment of Tax Lien Certificates
- Investing in Tax Lien Certificates
- Review laws in all many states & how to make money
- Qualifying to purchase a Tax Lien Certificate
- Doing your Due Diligence with local Zoning Office
- Foreclosing tax liens
- Quieting title on deeds
- Title Insurance
- Understanding Rights of Redemption
- Understanding the Redemption Period
- Bidding Strategies at the sale
- Finding Investment Capital
- Finding Investment partners
- Locating Information Resources (Postings, Newspaper, Websites, etc…)
- Effective teamwork - realtors, attorneys, county officials, title company, banker
- Profiting with Tax Lien Certificates