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Elliot Lowe

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kittens for sale

started by Elliot Lowe on 15 Mar 12
  • Elliot Lowe
     
    The winning bidder might receive a certificate right at the end of the auction that will entitles the investor to build up payments for the delinquent taxes, often at an increased interest rate. This certificate also allows the investor to foreclose over the property after a specified redemption period in the event the taxes remain unpaid.

    In the tax deed sale, the real estate itself is use the auction block. The winning bidder takes possession of the property in the form of a tax deed.

    Whether your goal is to invest in tax liens or to bid in tax deed sales, the first step could be the same: Identifying properties that contain tax liens against them.

    The place are tax lien records maintained and recorded?

    Even more times than not, tax liens are filed and maintained in the state level. This means two things to suit your needs as an investor:

    1. There may be a bit more legwork involved (these databases are seldom on the internet) 2. If there is more legwork, there is a much higher chance that might be worthwhile properties

    Most of the time, the easier it may be to find an investment opportunity, the less valuable it is. As my mentor always told me... "Always look for issue properties... and look where nobody else is hunting. " The best deals are always people not many people know about, or the ones that a few people know where to start with.

    Having said that, this is...

    How to find tax lien properties in your state

    1. The county recorders office

    This is the most time consuming tactic, but is very adequate. Every county in your U. S. has the place where public record is usually recorded. This would include things like deeds, wills, notices, mortgage loans and both federal and state tax liens.

    Many times there will be a computer on site where one can search across the records. Doing a search for something like "tax lien" will usually uncover a vast list of properties that you can then pay to listing.

    2. Tax collectors office

    Your tax collector usually maintains a list of properties that are entering tax deed sale together with properties the state is offering tax lien certificates next to. Give them a call to check they maintain such an inventory, and it isn't held at the Sheriff's office. Then ask what the procedure is to get one of these lists. They may give you a bit of a hard time; simply remind them this information is public record and you should be all set.

    3. Local Newspaper

    As part of the sale process, the county must give "public notice" off upcoming tax sales. These are typically always either before or following your classifieds. Go through that section religiously... it has to be your new golden goose. Make note with the properties that look interesting, and do your due diligence from there.

    several. Subscription based list services

    This can be the only strategy that costs you some money... which is the reason why I didn't mention the idea earlier. Consider it an additional benefit.

    After the back kittens for sale supply that the retailer is wearing hand has sold available, they will generally get rid of their display models together with count their losses.

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