_Tax Lien Investing: A Beginner's Guide To Investing In Tax Liens
_Tax Lien Investing - Hi I’m Jeff Raymen and today I’m going to be talking to you about tax lien investing and just why
Tax Lien Investing - this investment strategy is quickly becoming the strategy of choice right now in the U.S.
With property foreclosures at an all time high, now is the right time to jump on board the ride of
abundance that’s currently sweeping the U.S. real estate market.
But before I tell you why you should be doing this, let me explain exactly what a tax lien is:
Every home owner in the U.S. pays property taxes. These taxes go towards our every day
government services such as schooling, police, fire, and highway maintenance. But sometimes, for
whatever reason, a home owner fails to pay their taxes and when this happens, the government
issues what is known as a tax lien certificate on the property. The amount owed by the home owner
is known as the delinquent amount and this can be anywhere from $100 to usually a few thousand
at the most.
An investor can then come in and purchase that tax lien certificate on that house for the delinquent
amount that was owed by the home owner. The home owner now has a redemption period of
usually 2 years to pay back the owed amount to the county plus interest which can be anywhere
from 10 to 25% over the 2 year redemption period. If the payment is made, the county government
will then cut the investor a check for the initial investment plus the high interest amount and also
any fees and penalties that applied to the home owner. Simple, right?
On top of that, if the home owner fails to pay back the delinquent amount within the set redemption
period, the investor will then exercise the right to foreclose on the property, thus giving the investor
full ownership of the property. From this description, it’s easy to see why this strategy is becoming
so popular.
So there are only 2 outcomes for you as an investor: you either make a 10 to 25% return on their
investment, or the property owner fails to pay the delinquent amount, the redemption period
passes, and you foreclose on that property giving you full ownership free and clear of any other
payments. It’s a win win!
Of course, there is a downside to this investment strategy; the market is quickly becoming flooded
with foreign investors and tax lien certificates are becoming more difficult to acquire every day. And,
with the market ever so slowly turning for the better, this golden opportunity won’t be around
forever. But, if equipped with the right knowledge, there’s still time to capitalize on this rare chance
to achieve one of the highest rates of returns around, or acquire property at a heavily discounted
price.
If you’d like to know more about tax lien investing or learn about how to capitalize on this ever
popular investment strategy, simply click the link below. Thanks for watching, and have a nice day.
Tax Lien Investing - this investment strategy is quickly becoming the strategy of choice right now in the U.S.
With property foreclosures at an all time high, now is the right time to jump on board the ride of
abundance that’s currently sweeping the U.S. real estate market.
But before I tell you why you should be doing this, let me explain exactly what a tax lien is:
Every home owner in the U.S. pays property taxes. These taxes go towards our every day
government services such as schooling, police, fire, and highway maintenance. But sometimes, for
whatever reason, a home owner fails to pay their taxes and when this happens, the government
issues what is known as a tax lien certificate on the property. The amount owed by the home owner
is known as the delinquent amount and this can be anywhere from $100 to usually a few thousand
at the most.
An investor can then come in and purchase that tax lien certificate on that house for the delinquent
amount that was owed by the home owner. The home owner now has a redemption period of
usually 2 years to pay back the owed amount to the county plus interest which can be anywhere
from 10 to 25% over the 2 year redemption period. If the payment is made, the county government
will then cut the investor a check for the initial investment plus the high interest amount and also
any fees and penalties that applied to the home owner. Simple, right?
On top of that, if the home owner fails to pay back the delinquent amount within the set redemption
period, the investor will then exercise the right to foreclose on the property, thus giving the investor
full ownership of the property. From this description, it’s easy to see why this strategy is becoming
so popular.
So there are only 2 outcomes for you as an investor: you either make a 10 to 25% return on their
investment, or the property owner fails to pay the delinquent amount, the redemption period
passes, and you foreclose on that property giving you full ownership free and clear of any other
payments. It’s a win win!
Of course, there is a downside to this investment strategy; the market is quickly becoming flooded
with foreign investors and tax lien certificates are becoming more difficult to acquire every day. And,
with the market ever so slowly turning for the better, this golden opportunity won’t be around
forever. But, if equipped with the right knowledge, there’s still time to capitalize on this rare chance
to achieve one of the highest rates of returns around, or acquire property at a heavily discounted
price.
If you’d like to know more about tax lien investing or learn about how to capitalize on this ever
popular investment strategy, simply click the link below. Thanks for watching, and have a nice day.