If this is your first time attending a tax sale, you’ll want to know what’s involved in preparing for your first tax sale.
I recommend that if you can, you sit in on a couple of tax sales before you actually bid at one. That way, you’ll understand how the bidding works and you’ll know just how far down interest is being bid or how high premiums are usually bid before you actually bid at the sale. This will let you know just how much money you need and whether or not it’s worth it before you spend a lot of time researching tax sale properties and getting ready for the tax sale. You’ll also find out exactly what procedures need to be followed at the tax sale, and what you need to have in place before hand.
Watch this Tax Lien Investing Quick Tip video to find out more about preparing to go to a tax sale. and if you need more help in preparing to go to your first tax sale, check out my upcoming live virtual training at http://TaxLienInvestingSecrets.com/advanced-training. And get special early bird bonuses (like the software I use to track my liens) when you register before the end of the year!