Tax Lien Certificates

By genareich, August 19, 2012

Has anyone ever invested in tax lien certificates? It sounds to good to be true. You can get interest from 8 percent to 36 percent by buying up the outstanding taxes of private homes.

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jaych79
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jaych79

It is not too good to be true, but you do need to be careful. You would need to do your due diligence as though you were buying a rental property or something similar. If you are not careful, you may end up stuck with a parcel of land that is useless and you will need to pay the taxes on that parcel or attempt to sell it. For example. I knew of a guy who purchased a tax deed (similar to a lien) and did so without researching the parcel first. The parcel ended up being a 20 ft… Read more »

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