An example of a “Bulk” sale of tax liens is shown below. Why would you care if you don’t have an extra $10 million hanging around to bid? The reason is the buyer of this package of liens may well have an interest in selling some of the liens to limit their risk.

The Lucas County Treasurer’s Office expects to distribute payments totaling about $9.8 million to school districts, cities, and other taxing districts from the sale of liens on delinquent property taxes, Treasurer Wade Kapszukiewicz announced yesterday.

The money will come from the sale of liens on about 4,800 tax-delinquent parcels to a New Jersey collection company.

Mr. Kapszukiewicz said Lucas County is the seventh county in the state to take advantage of the power approved in 1997 to sell liens on parcels with delinquent taxes to a collection agency.

He said his office awarded the tax-lien sales to Xpand, of Morristown, N.J., a subsidiary of Bear Stearns Cos. Inc., for $9.8 million, which gives it the right to collect on the delinquent parcels and to charge interest rates of up to 18 percent.

The lien sales will take effect Nov. 30, unless the owners of the 4,800 properties pay their bills in full or qualify to be put on a payment plan.

Mr. Kapszukiewicz campaigned in 2004 on a promise to try the tax-lien sale, which he said would help dislodge millions of unpaid taxes that were not being collected by his predecessor, Ray Kest.

“This program does not target anyone who is making a good-faith attempt to pay their taxes,” Mr. Kapszukiewicz said. (this is from the Toledo Blade)

By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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A Review of Tax Lien Investment Secrets News4Press.com (Pressemitteilung) (News4Press.com) If you still lagging behind in knowing about tax lien, then you can update yourself here. One of the initial things that one needs to know … and more »

By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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A Review of Tax Lien Investment Secrets News4Press.com (Pressemitteilung) One of the initial things that one needs to know is that Tax Lien Investment Secrets is not only about Liens. It also informs one about tax deeds. … and more »

By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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Often times the most successful people are the people who keep going, never give up, and are willing to do what it takes to accomplish their goals and dreams.

Many times they don’t even have a clue how they are going to accomplish what they set out to do, they just know they are going to accomplish it…

This has to be you.

You must be willing to fall down, get back up, and keep going no matter what. The winner of any race is not always the fastest person, but the person who keeps running and doesn’t give up.

Safer, Cheaper Real Estate Investing!

By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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If you wish to contest the charges of your tax lien you should still make your payments in case you lose the decision You purchase the tax lien certificate at all auctions however the rules and regulations of the auction change from state to state While most states and counties do not hold these auctions very often therefore you should contact your county to see when the next one will be held if you are interested In terms of security of a tax lien investment the investor is assured to receive either payment or the property at a discounted rate
By freetaxlieninfo.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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One thing that seems to catch some people unawares is the interest rate that is quoted for a tax sale. There are two types of interest rates - one is an interest rate and one is a penalty. Why do you care? Because it can make a substantial difference in your return on investment.

Lets assume there are two different tax lien sales, one has a 10% interest rate and the other has a 10% penalty. You buy a $1,000 lien in both sales and both liens redeem exactly 90 days later. Which one was the better investment? Let’s do the numbers.

The 10% interest rate lien will earn the following: $1,000 times 10% for 90 days will earn $24.70 (1000 X .10/365*90)=24.70. A 10% percent penalty for 90 days (or 180, 0r 365) will earn $100.00 (1000 X .10)=100. Which would you rather have? The anualized return on the penalty is 40.6% (100 / 90 X 365 /1000). So, obviously 10% is not always 10%. You need to know if you are earning a penalty or an interest rate.

Some of the penalty states are SC, TX, IL and IN. there are others. Check it out and know what you are getting.

By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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New York Times

Tax Bills Put Pressure on Struggling Homeowners New York Times Because the sales occur in a patchwork of cities and counties across more than two dozen states, there are no figures tracking the number of tax-lien sales … and more »

By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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Here’s a quicky rundown in case you are new…

The first question most people usually ask is what are tax liens? When someone fails to pay their taxes on a piece of property, the local county government steps in and takes control of the property. They place a lien against the piece of property until the taxes are paid.

They then put it up for auction in order to get their money. The government doesn’t want to own real estate, they want their taxes instead. That’s how they function and that money has to come from someone.

This is where you come in. You then have the right to place a bid on the property in order to pay the back due taxes. If you get the bid, you get the right to make money from the property. The exact laws vary from one state to another, however, the basics usually work out like this.

You pay the back taxes, and the original owner is expected to pay you back for the back taxes plus a certain amount of interest on your investment. If they fail to pay, you then get the property free and clear and gain complete ownership of the property.

The government wants their money, that’s all. The person who originally owned the property agreed to pay the taxes when they bought it. When they fail to pay, they default on their part of the agreement and give the local government the right to come in and take the property. When they do this, they place the property in their list of delinquent tax properties list and give other people the right to pay the back taxes and gain ownership of the property.

The beautiful part of tax liens is that very few people know anything about them. This means that you can literally pick up a few properties for a fraction of what one of those would normally cost at normal price. It isn’t unheard of for someone to purchase 10 or more properties for less than $10,000.

Time to learn to make real money!

By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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You want to learn more about what will happen if you do not pay your property taxes contact your mortgage company A tax lien is a legal claim the tax commission files against your property when you fail to pay your property taxes on time Usually you are required to pay the deposited amount in form of a certified check which is payable to the referee that is appointed by the court Long term goals should not be based on tax lien certificate investments because there is some risk involved in their purchase Each of the tax lien certificates usually allow the owner to be repaid the amount of the delinquent taxes plus interest accrued
By freetaxlieninfo.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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For the first time there will be three Colorado Tax Sales on the web. For the last couple of years Jefferson County has held a web sale, but this year they will be joined by both Denver County and Weld County. Jefferson County will be October 18th, Denver County will be November 6th, and Weld County will be November 1st.

These Colorado counties have pretty good real estate on their sales although the foreclosure rate in Colorado has been one of the highest in the nation, there should be some good values for tax lien sale investors.

One word of caution - remember that in Colorado the amount you bid above the taxes owed you do not get back, so make sure you have done your due diligence and that you don’t get carried away. Also, don’t forget that this is a three year redemption period so you have to be able to post subsequent taxes for the liens that have not redeemed.

Good luck and good bidding!

By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com

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