With large numbers of
Americans now looking for safer investments for their
long term wealth building programs. Most want higher
returns than they can get from putting their hard earned
money into Bank CD's, many are seeking information about
Tax Liens. Investing in Tax Lien/Deed certificates can
and will enable you to realize safe, annualized returns
that are guaranteed by the United States Government.
As all home owners are well aware, collecting Real
Estate property taxes is now a priority for almost all
the counties in the U.S. Without these taxes the
counties would be unable provide us with the very
important services under their control, police, fire and
of course schools for our children. At present some 26
states across the U.S. use a Tax Lien system on any
property owner with delinquent taxes. They then sell the
delinquent tax debt to investors at auctions or over the
counter. This ensures the county gets the funds required
to run the county, the tax delinquent taxpayer will of
course get more time to pay off their already past due
property taxes and the Tax Lien investor gets a high
yielding Real Estate secured investment.
Tax Liens are often called the "Fort Knox"
of investments. Government issued Tax Lien certificates
are a safer than normal investment for the following
reasons. The constant rise and fall of interest rates
will have no affect whatsoever on Tax Lien Certificates
this is because the interest rates of Tax Lien
Certificates have been mandated by State law.
In simple terms your investing in the Government.
They will at some time collect the past due taxes, you
then send the county the Tax Lien certificate and they
will send you a check. The following are examples from
three states showing what a lucrative business Tax Liens
can be for the wise and careful investor: 16% per year
in all 15 counties in Arizona, 18% per year in all 67
counties in Florida, 50% per year in all 254 counties in
Texas.
Most Real Estate properties will have an outstanding
mortgage or home loan. For the most part the lender will
normally pay any delinquent taxes long before it gets to
the foreclosure stage. The certificates can also be sold
or transferred at a discount before the due date
allowing the investor to make a smaller profit on the
certificate should there be a need for cash for whatever
reason.
The main advantage to the new or smaller investor is
that there are many thousands of Tax Liens/Deeds for
sale at every budget level. In the old days, you would
have to travel thousands of miles across the country to
auctions if you wanted to buy Tax Liens/Deeds. Now you
can do it from the comfort of your own home using the
internet.
Have an opinion or a question you would like me to
answer, then write me!
http://www.CarlHampton.com
"Your"
Money Matters By Carl Hampton
Author of "From
Credit Despair To Credit Millionaire"
Related links: http://www.LienExchange.com
