|
You may have heard or read about Tax Lien Certificates in the past couple years and we believe it is a lot to process. This so-called “new” investment strategy isn’t exactly new to everyone, just to the ordinary person on the street like us. Banks, big investors, and insurance companies have been investing in tax liens for over 200 years. This is not an introduction to Tax Lien Certificates. This information is ONLY for people who have heard about what this strategy is about and how to get involved. It’s for savvy investors (which we assume you are) and seeks to clarify some burning questions you might have. How can there be such a thing as a guaranteed investment strategy? States and counties in the US need to collect taxes to function and their budgets (for infrastructure, maintenance, public services) are spent assuming all the taxes they expect to receive are paid on time. Since property taxes form the bulk of the income for the county, they needed a system to ensure they get paid on time to support the public services in that county in case the property owners default on their taxes. When you invest in tax lien certificates, you provide your money to the county, the county collects the interest and pays you. Who pays the county? The delinquent tax payer submits the full payment to the county, the county simply forwards the original investment plus interest to you. If property tax liens are so good why doesn't everyone invest in tax lien certificates? The information you will learn is probably new to you, as it is to 95% of all the people who hear about it. Even though tax lien certificates are clearly the best and safest investment vehicle in America today, there is no University of Tax Lien Certificates. Realtor are not taught about them in their training, stock brokers don’t offer them (there are no commissions involved), and you don’t ever read about them in the daily paper. Big investors, like the insurance companies and banks, have no reason to bring you into their strategies. After all, as long as you are willing to “donate” your money to them in return for 3%, 4%, or 5% returns, they can continue buying liens in bulk and earning 16%, 24% and more. It’s a big win for them, but not necessarily for you. How much money do I need to get started? This is another great thing about tax liens, they come in all sizes and shapes. I have seen single tax liens selling for as much as $350,000 and as little as $5.48. Anybody can invest in tax liens, it’s really a matter of your budget.
Related Articles -
is success resources scam, wealth strategy, tax liens,
|
