As the owner of a tax lien certificate, you have a first lien position on the property.This means the property owner cannot sell, refinance, get a second mortgage or home equity loan until you receive the amount you paid to satisfy the back taxes PLUS high interest.
What are IRS Real Estate Auctions
In our previous articles, we had discussed and understood the mechanics of Tax Lien on real estates, which basically, involves two types. The tax lien certificates where a bidder/buyer bought the unpaid or delinquent taxes of a foreclosed property as investment. The other is the Tax Deed Sale where the winning bidder or buyer practically, bought and paid for the property itself by paying the delinquent taxes plus some penalties and value on the property imposed by the taxing authority. Basically, a bigger sum of money is needed in a Tax Deed sale.
Get Assistance from Tax Lien Real Estate Expert
It can be quite complicated when getting involved in a tax lien investing plan, if you have not dealt similar transactions before. The process may be long and time may be wasted by going through all the smallest details. In order to speed things up, a real estate expert can help you achieve your goal.
Getting Started on Real Estate Investing
Looking for a new financial opportunity ? Investing in stocks, bonds, and mutual funds are great ways to make money for the young investor. However, real estate investing has a particular advantage over these traditional investments practices. Why? Investing in real estate grants you, the investor a degree of autonomy that is simply not possible with stocks, bonds, and mutuals funds. Sure, you may be able to control in which stocks you put your money in, but you simply cannot control the volatility of an unpredictable stock market.
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?
Flipping houses: Is it better than the buy-and-hold strategy?
The question of whether flipping or buying and holding is the best real estate investment strategy does not have one correct answer. Rather, the decision to choose one method over another should be part of an explicit strategic plan that takes the investor’s overall investment goals, as well as the opportunities presented by the existing market, into account. Read on to find out which investment strategy will edge out the others in your situation.
What is the Goal of Real Estate Wholesaling?
A Real estate wholesaling occurs when a party (the “wholeseller”) contracts with a home seller, markets the home to potential buyers, and then assigns the contract to one of them. The wholesaler makes a profit, which is the difference between the contracted price with the seller and the amount paid by the buyer. The goal in real estate wholesaling is to sell the home before the contract with the original homeowner closes.
Tax Lien Foreclosures…The Good?
So, there is an ever present question with Real Estate, and especially foreclosures, and I’ve seen it over and over again…
The Good Side of Tax Title Companies
“Do or Do Not, There Is No Try.” – Yoda
I’m sure you have all heard of that quote, but you may ask, what does it have to do with Investing in Real Estate and Tax Liens?
Researching To Minimize the Risk…
Today I wanted to talk to you a bit of minimizing the risk of investing, and do this by research.
Tax Deeds are a great investment if you’re really expecting high return of investments in little to no time time.