Tax Sales

There are always items to keep in mind as you move forward with anything in life. Well, tax lien certificate investing is not any different. We have outlined a few items we hope you will keep in mind as you buy tax lien certificates and use some of the techniques we outlined above to earn an immediate return on them. All in all, it will help protect you and your buyer in the future, by ensuring your are investing in the right certificates and able to maximize your returns. Lets discuss some of these areas right now.

Once you buy a tax lien certificate can you live in the property until they pay you back and if not how do you protect the property from vandals. Would this be a good way to get free rent?

More and more counties are going online to perform their tax lien sales. Two of the bigger sites that perform these on a counties behalf are http://www.bid4assets.com/help/index.cfm?fuseAction=TaxSale and http://realauction.com/template.cfm?r=LeftMenu/ListCountyauctions.

If you are pursuing tax lien certificates or tax deeds, you will find more obscure properties here thean anywhere else. Many owners will lose interest in their obscure property and decide to stop poaying taxes on it. It creates opportunity for those who can see past the initial property and gain a glimpse of the potential.

Here are a few examples:
How about a property that is located on the side of a hill or mountain.or near a flood zone with a miinimal amount of flat land.

Hi everyone,

I posted a topic in this forum already, but I was hoping to talk with someone who has gone through the auction process or has bought tax deeds directly from the state (hard to find information on where to actually purchase these without getting the runaround). I'd love to talk to you one on one and hear your experiences. Whether it’s a PM or phone call, I would appreciate it greatly.

If you feel extra nice and want to call PM me for my number.

Thanks everyone,

Jason

Is the only way to acquire a tax sale through an auction or is there another way to get the property without the potential of it being bid through the roof. Like directly through the county or the owner. I know this may be a dumb question but I know that there are many knowledgeable people here who have gone through this. thanks

Hello all Im a complete novice and have a question, My wife and I were driving around the Good Side of town and came across a Huge distressed home in the best side of town, So we Jotted down the address and Checked who Owned It, Well during our search we saw that the owe A ton of taxes since 1984, well homes in the area go for 180k-250k, but heres the kicked the owner owes 173k in taxes plus Penalty and need a tremendous amount of work. Id say about 50-80k, so with that it seems like a horrible deal to me, But is there any way to get it cheaper from the tax man???

I was reading the Seattle times newspaper today, and in the sports section backend pages c8 to c15 posted was the LEGAL NOTICES for a TAX LIEN AUCTION 12/11/09 starting at 9 am. they have 450 unrelated parsels.houses, condos, raw land etc. some in forclosures. Any DG families in Seattle?

Has anyone purchased land through a tax sale? I found 5 acres being sold at auction for starting bid of $3750 + fees. Just wondering if anyone else has purchased land from such a sale? Is it worth while or is it hard to sell land at this time? Any info. will be greatly appreciated!! Still learning.
Thank you!
Donna