Before we discuss about investing in Tax Liens with a self-directed IRA, it is important that we first have a good understanding of what does Self-Directive IRA mean, and how would it benefit the owner or holder of an IRA or an “Individual Retirement Account?”
Common Mistakes Investors Make in Tax Lien Investing
Investing in tax lien is quite complicated and also expensive sometimes, especially for first time investors. Complicated because you may be investing on some useless tax lien certificates or worthless tax deeds. And, could also be expensive if you have been enticed to enroll in some special seminar or course on tax lien investing charging exorbitant fees.
There Are More Tax Lien Certificates Available Than Investors To Buy Them
Unsold tax lien certificates are transferred back to the government and available on a first come first serve basis (no auction).
In many states, you can buy these government-owned tax lien certificates year round through the mail or the Internet. You can even walk into the government offices and purchase them over-the-counter.
What You Need To Know About Redeemable Tax Deed
For potential investors and first-time buyers planning to buy delinquent properties on auction, here are some important things you have to consider before buying a piece of property. Terra International Realty will explain as simply as possible how and what you need to know about redeemable tax deed.
Buy Low, Sell Low (Selling Tax Deed Properties)
Statistics show 97% of property owners redeem their tax lien certificates before they lose the deeds. This doesn’t sound like good news for tax deed investors, but it is!
