http://taxlieninvestingnews.com/questions-and-answers/i-was-the-one-asking-about-free-tax-lien-properties-forgot-to-tell-you-the-state-seattle-wash-and-surrounding/ Current news on Tax Lien Investing Tue, 22 May 2012 07:05:34 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://taxlieninvestingnews.com/questions-and-answers/i-was-the-one-asking-about-free-tax-lien-properties-forgot-to-tell-you-the-state-seattle-wash-and-surrounding/comment-page-1/#comment-268 Big Rob Fri, 22 Jan 2010 20:33:05 +0000 http://taxlieninvestingnews.com/questions-and-answers/i-was-the-one-asking-about-free-tax-lien-properties-forgot-to-tell-you-the-state-seattle-wash-and-surrounding/#comment-268 Well I can tell u this, not to long ago I was all over the internet scouring for info about short sales and subject to and you're right, most of the info u find on the net u have to pay for. I ended up going to the library and checking some books out to get the info I needed. Basically, buying tax liens is actully a niche market and b/c of that people can and do sell courses on how to acquire property via tax lien sales. Check your county tax assesser's web site for more info. It may be brief but it should give u a little info. Their site should also have a listing of the current properties with delinquent taxes, get the assessers office number and give them a call. You can also try calling your local IRS office or the office of the area you are interested in (www.irs.gov). Also the treasury department (www.ustreas.gov). Usually when you buy these properties they are sold "as is" so make sure you take a look at it before u buy. Also, you're looking at probably paying the taxes owed plus interest and waiting anywhere from 6 months upto five years (depending on the state) for the owner to redeem their property, which is what usually happens, but if they don't then you foreclose on the property. If they do redeem then you've made a great investment b/c you're looking at a return on your money of 15% or better, again depending on where u live. Hope this helps some. Well I can tell u this, not to long ago I was all over the internet scouring for info about short sales and subject to and you’re right, most of the info u find on the net u have to pay for. I ended up going to the library and checking some books out to get the info I needed. Basically, buying tax liens is actully a niche market and b/c of that people can and do sell courses on how to acquire property via tax lien sales. Check your county tax assesser’s web site for more info. It may be brief but it should give u a little info. Their site should also have a listing of the current properties with delinquent taxes, get the assessers office number and give them a call.
You can also try calling your local IRS office or the office of the area you are interested in (www.irs.gov). Also the treasury department (www.ustreas.gov).
Usually when you buy these properties they are sold "as is" so make sure you take a look at it before u buy. Also, you’re looking at probably paying the taxes owed plus interest and waiting anywhere from 6 months upto five years (depending on the state) for the owner to redeem their property, which is what usually happens, but if they don’t then you foreclose on the property. If they do redeem then you’ve made a great investment b/c you’re looking at a return on your money of 15% or better, again depending on where u live. Hope this helps some.

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