What are Tax Lien Certificates?
Almost every county in the nation sets and levies a Real Estate Property Tax. These taxes are used to run local services such as the Police, Schools and Parks to name but a few. When these taxes are not paid the county places a lien against the property. This lien is secured by the property and become the 1st lien. This means it will get paid before anyone else regardless if the property owner has a mortgage or other loans secured by the property.
