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.
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.
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.
2 million from his longstanding brokerage customers and others who were told they were buying legitimate real estate tax lien certificates, and that the investment would bring them returns of 6% to 9% per year.
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.
That's what it's like when you invest in tax lien certificates or tax deeds," states Ms.
NASDAQ: ECPG) said it has closed a USD100m asset-backed credit facility with Wells Fargo Bank to finance the acquisition of tax lien certificates from municipalities in multiple states.
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.
Municipalities are rapidly turning to privatization of tax lien certificates because of the clear benefits involved.
This guide to the ins and outs of tax lien certificates and tax deeds outlines how to use them for investment.