The first thing to do for investing in tax lien certificates or tax deeds is to get the list of properties that are in the tax sale. The taxing authorities here are multifold (Municipality, County, State, Fire District…) but the collection is usually being done by the County in which the property is located in. You can look in the newspaper, call the tax collector, or go to a web site that sells tax sale lists. One type of investment that is growing in popularity is the buying of Tax Liens on Real Estate. Sometimes you can find this list online, on the tax collector’s website. In most counties the list has to be published in the local paper 2-4 weeks before the sale. You can go and attend the Tax Lien Auction and buy one or many tax lien certificates and collect a high interest rate until the owner pays off. The first way to find out about tax sales coming up in your area is to read the legal notices in the local newspaper. Most counties have to post an announcement about the tax sale, as well as the list of properties that are being offered for sale, in the local paper anywhere from two to four weeks before the sale.
You can attend the Tax Lien Auction and buy many tax lien certificates
June 11th, 2008 | Business
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