The prices of properties in Vancouver have been climbing at a rapid rate. One of the concerns that this causes is that of the younger generation that is growing up today. Many young people will want to move out from home without traveling too far from their parents. With the high housing prices in the Vancouver area, the younger generation will struggle to purchase homes that are in the communities that they have grown up in. One couple has created a model that could be the solution to this, at least in the more suburban areas surrounding Vancouver.
Will Canada’s Real Estate Boom Extend Into 2016?
At the beginning of 2015, many predictions were made about the Canadian real estate market. People thought that the housing bubble would burst and the result would be a housing market crash. But the Canadian real estate market proved these predictions wrong, breaking a number of records. The hottest spots were Toronto and Vancouver, while the rest of the country’s housing markets moved towards a more stable market. But will this high remain into 2016?
Pros and Con’s of Investing in Tax-Lien Properties
A tax lien is something no one wants on their record because it can be such a financial burden to overcome. When a owner of a property does not pay local or state taxes the government has the option to place a lien on the property. Once this takes place, the government issues a tax-lien certificate, which are usually sold in most counties and cities to people who are looking to invest in tax-lien properties through an auction process. Investing in tax-liens can have huge benefits but there can also be some risks to go with it. Here are some of the pros and cons of Investing in tax-lien properties.
New Jersey Is On The Forefront of Tax Lien Sales
I wrote a short post here on New Jersey’s tax lien sales in the Manchester township.
Here are some excerpts
Tax Deed Sales Affect Homeowners
Government tax deed sales result from unpaid back taxes by a homeowner on his property, in which properties are put into auction for bidders. Doing so enables the government to remedy the tax debt and recover the lost revenues. Nobody in the right mind wants to be charged with income tax evasion which is why it is best to pay due taxes on time.
Some Facts Before Investing in Tax Liens
There are some misleading information out there about tax lieninvesting. Some of these indicate that tax liens are already a guaranteed investment. However, there are some facts that were not told to you. Here are a few of them.
Avoid these Mistakes and Buy Tax Lien Properties
If you really want to be successful when you buy tax lien properties, then having proper information must be a top priority. You cannot just expect to jump in and expect that everything would go your way. There may be difficulties coming but it never hurts to do due diligence and conduct lots of homework before investing in tax lien certificates.
Tax Lien Sales – Big Profits in Many Ways
You are probably purchasing tax liens especially when you invest your money at tax lien sales. However, you could be earning lots of money quickly than just sitting around and waiting if the homeowner pays you or not. You can do this with the very same properties that you’re bidding at the tax lien sales.
Tax Lien Properties Up for Grabs
Properties with tax liens attach to them are enticing to any investor because they can be bought at just a fraction of the market value. This is a lucrative business which is on going for many years now and yet only few know it. So, what do tax lien homes for sale mean?
Several Reasons to Purchase Tax Liens
Purchasing tax liens in today’s difficult times entices people to try out this lucrative investment. Many US citizens want to earn decent money from this wonderful opportunity even if the economy is struggling. Thanks to the amazing invention of the internet, this type of investment is no longer a secret as it helps out many people with the needed information in order to succeed.
