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High Profit Real Estate Investing--Make a Good Deal Every Time!
Knowing what a Good Deal is - Is the Key to Success in Real Estate. Richard Odessey Dear Investor, Take this little survey: The most important key to Real Estate Success is: 1. Finding Motivated Sellers 2. Funding Your Deals 3. Negotiating 4....
RFIDInvesting.com Online RFID Investor Audio Conference, January 26th, 2005 Gives Insight into RFID Revolution
For Immediate Release
January 24, 2005
RFIDInvesting.com Online RFID Investor Audio Conference, January 26th, 2005 Gives Insight into RFID Revolution
POINT ROBERTS, WA. January 24th, 2005 – www.RFIDInvesting.com, a global investor and sector...
RFIDInvesting.com Online RFID Investor Forum to Feature Public RFID Companies and Analysts that Follow the Growing Sector
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RFIDInvesting.com Online RFID Investor Forum to Feature Public RFID Companies and Analysts that Follow the Growing Sector Including Symbol Technologies, Inc. (SBL) and Senior Analyst for Venture...
RRSP Investing Mistakes To Avoid
(NC)-So, you're ready to step up contributions to your Registered Retirement Savings Plan (RRSP). You are eager for the tax and compounding growth benefits. You think you are on your way to a blissful, carefree retirement, right? Maybe. But...
The Good And Bad Of Property Tax Investing
Gather around children for a tale of royal power. Far back in
history the king owned everything. (Does that remind you of
Donald Trump?). Occasionally the king would grant property to a
duke. Property ownership meant wealth, so the king would...
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A Brief Look at Tax Deed Investing
Currently around half of the states offer tax lien certificates
and the rest offer something called tax deeds or a combination
of both tax liens and tax deeds.
In a tax deed state, you do not buy the lien, you are bidding on
the actual property. If you are the winning bidder you will own
the property outright. It's yours, and you can do whatever you
want with it; renovate it, rent it, tear it down, live in it -
it's yours. These properties will almost always come with a
title that is free and clear of all liens and encumbrances and
you probably paid somewhere in the neighborhood of 50 - 70% of
market value. Which means, you could sell it tomorrow for 80% of
market value.
How does a property in a tax deed state end up at auction?
If you've ever been late paying a bill you know that you get
numerous notices of delinquency by mail or by telephone.
Normally you have quite a bit of time before anything really bad
happens. It is the same case when people go delinquent on their
property taxes. When they miss a payment the county will to
inform them and will "kindly" ask them to pay up. This continues
for a while until the county finally says enough is enough, "if
you don't pay up by this day you will lose your property."
Coincidentally that day is
Associated Websites
usually the day before the auction is
scheduled.
I want to point out that by investing in tax deeds you are in no
way stealing anyone's home. These property owners have had every
opportunity to repay the debt. The county will do everything in
their power to avoid sending a property to auction and in many
cases they wait 4 years or more before the property actually
gets there.
Typically you will end up paying more for a tax deed then you
would for a tax lien certificate but it is a different type of
investing. In tax lien certificate investing you are looking for
the guaranteed 8% - 50% return on your money with a chance at
higher if you get to foreclose but you have no right to the
property until the redemption period expires. In tax deed
investing you are buying the property outright and you can do
anything you want with it and there is potential for a huge
return on your investment in a short amount of time but it does
require more work on your behalf. It depends on your own
personality and investment needs as to which type you choose.
Free Tax Lien
Secrets
About the author:
Brad Olstad Tax Lien
| Tax Lien Certificate Investing
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