written by reader 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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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 ยป

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