Tax Lien Certificates: Safer Than Stocks or Real Estate

Posted on November 2, 2010 by Debby

There are so many great opportunities to invest and make money right now!

When the economy is not so great and the markets are down, when everyone else is selling, that is usually when the smart investors are buying. But how do you know what to buy when? If you purchase stocks when the stock market is down, you don?t know if the market will go lower before it turns around and you don?t know for how long it will remain down before it goes back up. It?s the same with real estate or any other market.

The Best Thing About Investing In Tax Liens

One of the nice things about investing in tax liens, is that they are not tied to any market.The rate that you receive on your tax lien certificate is fixed, so even though the value of the real estate that secures your lien may fluctuate, the interest that you get when your lien redeems remains constant. The county or municipality that issues the lien, not by the price of the property that the lien is against, determines the interest rate. Continue reading →

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Why Use A Tax Lien Investing Agent?

Posted on October 26, 2010 by Debby

Why would you want to use a tax lien investing agent instead of investing in tax liens on your own? After all tax lien investing is a safe way to earn double-digit interest on your money without the risk of the markets, right? And isn?t it ?government guaranteed?? And isn?t it easy enough to do that you don?t need a broker to do it for you, you don?t even need good credit, so why would you want to give your money to someone else to invest for you and then have to pay fees?

Tax lien investing is a safe way to earn double-digit returns on your money as long as you invest in only good properties. If you buy a tax lien on a junk property and then you foreclose on it, who will buy it from you and how will you get your money out of it? It really bothers me when other tax lien experts use the term ?government guaranteed,? since no one guarantees that you will get paid on a tax lien. It is the real estate that you have a lien against that is your guarantee. What they mean when they use that term is that the county or municipality that issues the tax lien certificate guarantees the interest rate that you get ? but they do not guarantee you payment. Continue reading →

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Which Lien State Has the Highest Interest Rate?

Posted on October 18, 2010 by Debby

One of the most frequent questions that I get is: “Which state has the highest interest rate for tax lien investing?” The answer is Illinois. Illinois has a default interest rate of 18%, but it’s not 18% per annum – it’s 18% per six months. So the per annum rate is 36%. That’s higher than and of the other tax lien states. The interest rate is bid down at the tax sale, and except for Cook county, which started conducting online tax sales last year, you have to physically go to the sale in order to bid.

But what if you could have someone else bid for you in Illinois? How would you like to have a tax lien agent that specializes in buying tax lien certificates in Illinois and also buying redeemable deeds in Texas and Georgia? Continue reading →

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Where Are The Tax Sales?

Posted on October 14, 2010 by Joanne

So you want to invest in tax lien certificates or tax deeds, But how do you find out about the tax sales? How do you know which counties in which states have tax sales online and when the tax sales are conducted?

I use TaxLienLady-database.com when I want to find out what tax sales are coming up. If you’re a member of the database, you can do a custom search and find out what online tax sales are coming up in the next few weeks. But even if you don’t have a subscription to TaxLienLady-database.com you can still do a basic search to find which states have tax deed sales and which states have tax lien sales, and when each state has their tax sales.

Here’s what the list looks like: Continue reading →

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Tax Lien Investing Basics: Finding the Tax Sale Information

Posted on October 6, 2010 by Debby

tax lienlady database
The first thing that you need to do once you decide where you want to invest in tax liens or tax deeds is get the tax sale information and the tax sale list.

But how do you do that?

There are 3 ways that I use to get information about tax sales. The first 2 ways are free. One thing that you can do if you want to find out about tax sales in your county is call the county tax collector or treasurer and ask them for the information about the tax sale. They should be able to tell you when the next tax sale is, where it will be held, and where you can get a list of properties in the tax sale. Some county treasurers will even have this information posted on their web site along with the rules of the sale and registration guidelines.

If you need to look up county information in another state you can use the website www.NACO.org. NACO is the National Organization of Counties, and on this site you can search for a state and get a listing of all of the counties in that state. When you click on the county you can get demographic information for the county and in most cases a link to the county web site where you can search for the tax collector’s and tax assessor’s web sites. Some counties have more information online than others, and you have to be a little bit of detective to find the information on the tax sale if it is in fact posted online – sometimes it isn’t. But you can usually at least find the contact information for the county treasurer so that you can call and get the information about the tax sale.

Continue reading →

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