Comments on: How do I buy tax liens for real estate? http://taxlieninvestingnews.com/questions-and-answers/how-do-i-buy-tax-liens-for-real-estate/ Current news on Tax Lien Investing Sun, 20 May 2012 15:48:20 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: John Rosa http://taxlieninvestingnews.com/questions-and-answers/how-do-i-buy-tax-liens-for-real-estate/comment-page-1/#comment-216 John Rosa Thu, 19 Nov 2009 09:12:28 +0000 http://taxlieninvestingnews.com/questions-and-answers/how-do-i-buy-tax-liens-for-real-estate/#comment-216 John Beck's information is correct but his delivery is a lot of marketing gimmick. Instead of paying a few hundred dollars for his system, I suggest buying a $19 book. My suggestions can be found below. How do tax liens work: 1. Owners of real estate have back owed taxes. 2. County puts a lien on it and sells the lien to investors. 3. Investors get money back if owner pays back taxes, usually at a high interest rate of 16-18% in Arizona, Florida, and other states. 4. If the owner does NOT pay taxes, investor does not get any interest or money. But he has the option to OWN the property if the owner doesn't pay within 2-3 years. Why doesn't everyone know about this? Because you need to read a lot. Learn how to find the good deals. You don't want to buy ditches or swamps, so you need to know how to research properties. See sources below for more information. John Beck’s information is correct but his delivery is a lot of marketing gimmick. Instead of paying a few hundred dollars for his system, I suggest buying a $19 book. My suggestions can be found below.

How do tax liens work:
1. Owners of real estate have back owed taxes.
2. County puts a lien on it and sells the lien to investors.
3. Investors get money back if owner pays back taxes, usually at a high interest rate of 16-18% in Arizona, Florida, and other states.
4. If the owner does NOT pay taxes, investor does not get any interest or money. But he has the option to OWN the property if the owner doesn’t pay within 2-3 years.

Why doesn’t everyone know about this? Because you need to read a lot. Learn how to find the good deals. You don’t want to buy ditches or swamps, so you need to know how to research properties. See sources below for more information.

]]>