Just in Time for Arizona Tax Sales

Posted on February 4, 2011 by Joanne

Tax Lien Manager the complete system for investing in tax lien certificates now has a new state version for Arizona.

Version 3.0 of Tax Lien Manager is now available with customized state versions for Arizona, Florida, Indiana, New Jersey and Nassau County, NY. The Arizona version has been added just in time for the Arizona tax sales. Some of these tax sales are online and open for registration now. With Tax Lien Manager you can automate the whole process of tax lien investing. You can download the tax sale lists right into the software program, which comes with the county contact information for all of the counties in the state.

A standard version is available for each of the states mentioned for use on one personal computer for only $399.00. A pro version that can keep track of multiple portfolios and can be used on multiple computers is available for $949.00 for one state, with the ability to add other states for only $249.00 per state.

Get more information or order at www.TaxLienLady.com/TLM

Grab your copy just in time for the Arizona tax sales.

Happy and Prosperous Investing,

Joanne

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Great Comments About The Priority Of Tax Liens

Posted on February 2, 2011 by Joanne

We had great comments and questions in response to the last blog post on the priority of tax liens and subsequent tax payments. And some of them where answered by subscribers – Great Job! I wanted to respond to some of the issues and questions that were raised and put in my own 2 cents.

It all started when Greg posted this comment: Continue reading →

Posted in Due Diligence, Tax Lien Investing | 8 Comments

Answers to Your Questions

Posted on January 31, 2011 by Joanne

Here’s my answer to a question from Mike about subsequent tax payments and lien priority:

Question: From what I have read, it says that if you don’t pay the subsequent taxes on the lien you bought you lose priority. Can you explain this further because if you bought the 2011 certificate and someone else buys the 2012 certificate your foreclosure period starts in 2013 and they start in 2014. So wouldn’t you be able to foreclose first so how are you losing priority?

Answer: Yes in most states the first lien has lien priority. There are 2 points I would like to make clear though. The first is that even though you have lien priority, if you don’t foreclose at the end of the redemption period and after the following year the subsequent lien holder forecloses, you will be foreclosed out of your lien. You can lose your investment and your right to foreclose on the property in this case. However, the subsequent lien holder must notify you when they begin foreclosure and when they do that you may redeem their lien, thus protecting your interest in the property. In fact you can redeem their lien at any time and they my not redeem your lien – thus you have priority.

The other point that I would like to make is that in some counties in Arizona if you do not pay the subsequent taxes they will sell your lien along with the current lien at the next tax sale. Some counties will only allow one tax lien certificate to exist on a property and this is how they control that.

Thanks for your question Mike,

Joanne

Posted in Answering Questions, Tax Lien Investing, Wealth Building | Tagged | 14 Comments

Our Workshop Is In Session!

Posted on January 29, 2011 by Joanne

Choosing the right place to Invest and finding the tax sale information:

That’s what we covered in this week in the first 2 classes of the Build Your Profitable Tax Lien Portfolio workshop. The replay and all of the resources for lesson 1 are already on the students web site, and the recordings and resources for lesson 2 will be posted shortly.

Just in case you’re wondering it’s not too late to register for this live webinar training that includes 2 coaching sessions with me, a 2 months subscription to the members area – including access to www.taxlienlady-database.com, and 6 months of unlimited e-mail support.

You can find out more or register at www.ProfitableTaxLienPortfolio.com Continue reading →

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What Are You Buying?

Posted on January 26, 2011 by Joanne

Here’s a message that I got recently from my friend Arnfried from Be Motivated Today.

I wanted you to see it because it is directly related to Tax Lien Investing. As a matter of fact this is way I became a tax lien investor to begin with. I wanted to buy assets that would earn money for me, but I didn’t have enough money to purchase real estate or other income producing assets, so I decided to buy tax liens. I believe that purchasing tax liens is a good way to put your money away for the near future into an income producing asset.

Here’s Arnfried’s message with some affirmations that you can use everyday to improve your financial situation:

In the financially empowering video ?What the wealthy buy on Pay Day?, Tim Sales explains how the wealthy spend their money on assets. An asset is something that makes money for you, like a property that you let, or a trailer that you hire out. These kinds of ?things? generate a continual income for you – a residual or passive income. In this definition, your house is not an asset, because it produces no income, unless you live in a rented house and let you own. Continue reading →

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