Aug 9
Numerous media sources such as Investor newsletters, news networks such as CNBC and real estate investors all agree that there has never been a better opportunity in the last 40-50 years to buy real estate. That’s because foreclosure numbers are at all time highs bringing down the price of real estate and when combined with mortgage interest rates near all times lows creates a great bargain hunting environment.
Perhaps the best type of foreclosure for investors are Tax Sale Properties. The reason for this is because the local government requires tax payments to run the local communities so when someone defaults on their property taxes the government will sell the property to cover the tax owed. Imagine if the government is owned $1,000 in back taxes then so long as they make the amount when selling the house then they have met their requirement. Obviously there aren’t too many investments with this kind of return potential.

Please allow me to quickly explain the 3 types of Tax Sale Properties:

Tax Liens – this is where you receive a high interest rate for lending the property owner money so they can pay their overdue property taxes. If they default on your loan then you will receive title on the property.

Expired Tax Liens (also called Over the Counter Tax Liens) – this is when the property owner was unable to obtain a loan and the date has passed (called redemption date) in which all taxes and incurred penalties much be paid to the government. In order to retrieve the taxes owed, the government will take ownership and sell the home for the amount owed. These properties are available for you to take ownership immediately.

Tax Deeds – these are similar to expired tax liens except that instead of the property being sold at a set price, the property is sold at a government auction where the starting bid is typically the amount of taxes/penalties owned on that property.  These properties are also available for you to take over immediately should you be the high bid at the auction.

Here is an example of a Tax Deed and Expired Tax Lien. These deals and thousands more are available at Tax Lien Investing:


So what’s the best way for you to take advantage of this?
First of all you need a list of the property tax sales available in your area. Secondly it would be useful to have some basic training to understand the steps involved in buying a tax property.  Thirdly I would recommend a support line that you can call that specializes in tax sales that can answer all your questions and provide you specific advice as it relates to your situation.

With each membership, the team at Tax Lien Investing will provide:
- Access to lists of thousands of properties for all 3 types of tax sales. All the info you need to further pursue each  property.
- Plenty of tax sale training (video and written) specific to your level
- Phone support to answer your questions and explain the process
- One on one support to guide you through the process, suggest shortcuts and warn of costly mistakes to avoid

The Tax Lien Investor team is a knowledgeable friendly group, who enjoy this business and helping others succeed (you may of noticed that this is rare with the Internet).

For more information on Expired Tax Liens check out this article Expired Tax Lien Sale Properties.