We had our day in court yesterday and received 4 homes in Indiana!
We bought 5 liens and 4 of them became houses…80%!!!
So we spent less than $1000 for four, yes…FOUR houses!
Now we are going to fly up there do any fixing up that is needed, get a couple of realtors excited about selling them and make a huge profit!
Once they’re sold, we will start all over again-more liens and more houses!
Life is great!
Get your own houses for pennies on the dollar!
By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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Well, the Weld County results are in. It was an internet auction held by RealAuctions.Com and the results are very interesting.
First thing to keep in mind is that a lien in Colorado that is sold this year and redeems on the last day of the redemption period (three years) would earn a total of 45% on the taxes owed ($450 on a $1,000 lien). Also keep in mind that the premium you bid you don’t get back. With those thoughts in mind, here are the results.
There were 1,462 liens sold and 165 liens struck off to the county (no bids).
The sane people:
1,280 liens were sold at an average premium bid of 5.80% of the lien amount, i.e. if the lien was $1,000 it took an average bid of $58.00 to buy the liens.
50 liens were sold at no premium whatsoever.
The escapees from the “Happy Dale Home for the Mentally Bewildered”:
132 liens were sold at a an average premium of 75.50%, in other words on a $1,000 lien they bid a premium of $750.50! Remember, if the liens redeem the last day they would make a total of $450 on that lien or, in other words, they would lose $300.50. The only chance they have to make any money on these liens is if they don’t redeem and Weld has a very high redemption rate.
And the prize goes to a bidder who bid a premium of $600.00 on a lien that was $28.99 or a premium of 2,069%!!! - what were you thinging? Or were you thinking at all?
By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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Once you’ve won your tax lien bid, got your lien, and redeemed your house…It’s time to sell and make the real money!
That is where a good realtor can make sure that you get the right price on your new house to maximize profit, but get a super fast sale.
Use the yellow pages and line up phone calls with a few of them. Explain what your are doing and they will flock to help you…why…because they aren’t earning many commissions now and they are VERY ready to help you sell your new houses!
This will be the easiest commissions they have ever earned, and they know it!
Here is your step-by-step guide!
By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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South Dakota has changed their tax sale laws, House Bill 1069 now requires the counties to keep all tax liens and not to sell them. What now happens is the county, after a period of 3 to 4 years (depends on city or county land) will be able to sell the property in a tax deed sale. Unfortunately, the time of the sale is a county option and no specific time for sale is set. We will get you more information over the next few weeks.
By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
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