Did you know that June is one of the biggest months for tax lien investing in New Jersey? There are 550 Municipalities in NJ and each one has a tax lien sale once a year. Many of them have their tax sale in June. If you want to learn all the details about tax lien investing in New Jersey, then meet me in New Brunswick next Wednesday!
Next Wednesday, May 29, I’ll be speaking at a one day continuing education conference for NJ attorneys with Mike Pellegrino and 2 other tax lien attorneys. The seminar is hosted by New Jersey Institute of Continuing Legal Education on “How to Invest in Tax Liens – The How, the Why and the Law.”
This program is not just for attorneys, but it’s also a good way for investors to learn the intricacies of New Jersey’s complicated tax lien system.
The conference will address:
- What is a Tax Lien? Why are they sold and why do investors buy them?
- The Historical Basis of Taxation
- Creation of the Tax Lien – When and why does a tax lien attach?
- The Tax Sale Process
- How to choose a Lien:
- Pre-sale Due Diligence
- Bidding at a tax lien auction – the unique process of bidding the interest rate down
- On-Line data available to bidders
- Bidding Techniques
- Post-Sale: What to do with a tax lien once it is purchased
- Legal presumptions re: sale
- Priority of a Tax Lien – ahead of all other liens
- Redemptions – getting your money back
- Title Raiding
- Overview of the Foreclosure Process
- how to initiate or defend against a tax foreclosure
- Taking Possession of the Property
- practical tips to minimize problems
- Insurance issues in property purchased through tax sales
- Rehab & Resale issues
- Tax liens on property involved in bankruptcy proceedings
- What Can Go Wrong?
Place: New Jersey Law Center, 1 Constitution Square, New Brunswick, NJ 08901
Date: Wednesday, May 29, 2019
Time: 9:00 am -12:15 pm
General Tuition is $200 for non-members of the NJSBA and includes breakfast and seminar materials. CLICK HERE for complete directions to all locations.
NJ CLE INFORMATION: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 3.6 hours of total CLE credit.
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