Comments on: Tax Lien Certificates - The truth? http://taxlieninvestingnews.com/questions-and-answers/tax-lien-certificates-the-truth/ Current news on Tax Lien Investing Sun, 20 May 2012 16:21:09 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: brian-the-brain http://taxlieninvestingnews.com/questions-and-answers/tax-lien-certificates-the-truth/comment-page-1/#comment-202 brian-the-brain Fri, 23 Oct 2009 20:54:27 +0000 http://taxlieninvestingnews.com/questions-and-answers/tax-lien-certificates-the-truth/#comment-202 In arizona you bid down the interest rate, some states do it as you suggested though. So if you only will accept a rate of 14% or greater you just stop bidding. Institutional investors will send people to these things with rules about what they are to buy. You should be able to get some for 18% because nobody wants them. Of course you will want to do your homework and find out if you don't as well. The higher interest rate comes from doing the homework, if you are not interested in doing the homework then you probably shouldn't bother going. Some counties in arizona will sell them over the counter. If you can find ones available that you want you will get the full 18%, the trick is to wade throguh them and figure out which ones you want if there are any. Remember you may wind up with the property so make sure it isn't a toxic wasted dump or other unwanted piece of property. Another bummer about the process is that you can get paid back before you wanted, and have to then go and reinvest it. Thats the price you pay to get good rates. log onto your county website and start there to see the rules, along with any other counties you are willing to travel to. I can guarantee you one thing, if you don't try you won't get 18%. good luck In arizona you bid down the interest rate, some states do it as you suggested though.

So if you only will accept a rate of 14% or greater you just stop bidding. Institutional investors will send people to these things with rules about what they are to buy. You should be able to get some for 18% because nobody wants them. Of course you will want to do your homework and find out if you don’t as well.

The higher interest rate comes from doing the homework, if you are not interested in doing the homework then you probably shouldn’t bother going.

Some counties in arizona will sell them over the counter. If you can find ones available that you want you will get the full 18%, the trick is to wade throguh them and figure out which ones you want if there are any. Remember you may wind up with the property so make sure it isn’t a toxic wasted dump or other unwanted piece of property.

Another bummer about the process is that you can get paid back before you wanted, and have to then go and reinvest it. Thats the price you pay to get good rates.

log onto your county website and start there to see the rules, along with any other counties you are willing to travel to.

I can guarantee you one thing, if you don’t try you won’t get 18%.

good luck

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