Questions About Maryland Tax Sales

question about Maryland tax salesI received an interesting question about Maryland tax sales from a subscriber who downloaded information from one of the Maryland county web sites.

In the information that they downloaded it had the date and time for their next tax sale but it specifically said “we do not sell liens.” This was quite confusing since Maryland is a lien state and there was no mention of deeds or redeemable deeds. In fact everything that was said regarding the procedures for the tax sale led me to believe that they were indeed selling liens and not deeds, so I had to call the the Tax Office and speak to the tax collector for a while to find out what the story is. Continue reading

Posted in Answering Questions, Tax Lien Investing, tax sales | Comments Off on Questions About Maryland Tax Sales

Monday Motivation

Here’s another motivational Pep-Talk from my friend Arnfried Klein-Werner of Be Motivated Today:

If It’s To Be, It’s Up To Me!

Don’t wait for others to work on your challenges. They won’t. They couldn’t care less. OK, not fair, I know. Some may really care. But the person who cares the most, is you.

Do something. Don’t let one more day go by without taking control and working towards a solution to your frustration. You can. You have the potential. You are not destined for frustration, but for success. Continue reading

Posted in motivation | Tagged | Comments Off on Monday Motivation

Have You Heard About Hooked On Overages?

Hooked On Overages is the original course by my friend Rick Dawson on how to profit from finding people that are owed tax sale overages.

Let me explain…

When a property is sold in a tax deed sale, the price is bid up at the sale. The bidding may start at the back taxes and penalties, but it is bid up from there. Did you ever wonder what happens to the tax sale overage? That’s the money in excess of what is owed to the county. For example if the minimum bid amount is $2000, and the deed is bid up at the tax sale to $20,000, what happens to the $18,000 overage? Continue reading

Posted in Courses, Excess Proceeds, Working from Home | 117 Comments

City of Baltimore Tax Lien Sale

The City of Baltimore and the County of Baltimore have separate tax lien sales.

The City of Baltimore has an online tax sale every year and it is the only online tax sale for the state of Maryland.

Here’s some information about the tax sale that came to me right from the the online tax sale web site:

The City of Baltimore Tax Sale 2011 Properties Listing is now available on the City’s auction web site, www.BidBaltimore.com. All bidders who wish to participate in Tax Sale 2011 or the 2011 Assignment Sale must complete the registration process (including paying the Registration Fee) no later than Wednesday, May 11th. Bid submission will begin on Monday, May 16th and Tax Sale 2011 will close on Thursday, May 19th. Continue reading

Posted in Online Investing, Tax Lien Investing, tax sales | Tagged , , | Comments Off on City of Baltimore Tax Lien Sale

Monday Motivation

This motivational pep-talk came from my friends at Be Motivated Today. Being an athlete myself, it hit home with me and I’d thought that I’d share it with you.

If you’d like to learn more about Roger Banister and the 4-minute mile read the book, The Perfect Mile by Neal Bascomb.

And if you’re a master athlete like I am (over 35) and want some more motivation read Age Is Just A Number by 3 time Olympian, Dara Tores.

Roger Banister and the 4-minute mile

In the 1950?s doctors said that it was physically impossible to run the mile in less than 4 minutes. They said that a human body could not endure the physical strain. The heart would literally explode out of the chest. That was the belief at the time. The limit was 4 minutes. The result: no one ran the mile in under 4 minutes. Continue reading

Posted in motivation | Tagged | Comments Off on Monday Motivation