Are you bidding premium for tax liens?
Right now there are online tax lien sales going on in three different states where premium is bid for tax liens.
“What is premium,” You might ask. Premium or “over-bid” as it is referred to in some states is an amount over and above the amount of the tax lien that is bid in order to get the lien. In this case it is the investor who is willing to pay the most amount of money for the tax lien that is awarded the bid.
That is the topic of this week’s Investing For Success Saturday audio.
And in this 6 minute audio you’ll also discover which 3 tax lien states that have online tax sales going on now use the premium bidding method, and why it’s very important to know what happens to the premium you bid before you bid premium for tax liens in any of these states.
You’ll also find out what we’ll be covering in the 3 Day Challenge, October 20-23. Here’s the link to register for the free 3-day challenge: https://taxlienlady.com/3-day-challenge
Listen to the audio below…
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