Tax Lien Certificate

Tax Lien Certificate

A security one may purchase giving the owner the right to collect unpaid property taxes from a property on which there is a tax lien. The tax lien certificate does not guarantee that the property owner will actually pay, and, for that reason, it is a risky investment. A tax lien certificate exists to preserve the cash flow of the municipality assessing the tax.
References in periodicals archive ?
The investor who buys the tax lien certificate is entitled to earn up to 24% interest and can foreclose on the property if the lien and interest are not paid by the homeowner within two years of the auction.
If the property owner fails to pay his property taxes within a certain period of time, the tax lien certificate owner may foreclose the tax lien and sell the property for a substantial profit.
Tax certificates are a very conservative investment that under Florida law offer the successful tax lien certificate buyer a return of no less than an absolute 5%.
With over 50 years of combined experience in the tax lien certificate and real estate data transfer industry, and an award winning development team, Realauction is committed to providing the software and customer service to help local governments succeed.
States should limit the initial tax sale to the sale of a tax lien certificate, rather than granting an entire interest in the property to a purchaser.
Finally, VOM, our tax lien certificate business, continues to provide a steady and relatively secure return on our investment," said Jack Kleinert, Chairman & CEO.
The investor who purchases the tax lien certificate will either receive his principal back plus 8-40% interest or he will receive the property, free and clear of all other liens.
Tax Lien Certificates (TLC) are a unique investment business, safe, low cost, regulated by the state of Fl, earning an APY interest of 5% to 18% average.
In most states, tax lien certificates are awarded to the investor willing to accept the lowest interest rates.
That's what it's like when you invest in tax lien certificates or tax deeds," states Ms.
The 16% solution; how to get high interest rates in a low-interest world with tax lien certificates, rev.
Tax lien expert Don Sausa presents The Complete Guide to Real Estate Tax Liens and Foreclosure Deeds, a guide for lay readers of modest means and up to investing in a secure market favored by the rich--government tax auctions, in which tax lien certificates and tax deeds are sold for pennies on the market value dollar.