Most people don’t realize that you can even use your retirement account to purchase these tax lien certificates where you can grow your retirement with profit rates of 8% to 36% mandated by United States law.
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.
Tax Lien Certificates Are Secured By Real Estate
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.
Tax Lien Certificates Pay Double Digit Interest Rates
To encourage tax-delinquent property owners to pay their past-due taxes, the government charges them interest and/or penalties (think of it like a late fee), which is passed directly to the investor….that’s you!
