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What is a tax lien?

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What is a tax lien?

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In most parts of the country, if a homeowner or commercial property owner fails to pay property taxes, the county will issue a tax lien on that property. The local county government needs that tax revenue to keep providing services to its constituents so it can’t wait for payment. To get the revenue, many counties sell the tax lien at auction. In this real estate market it shouldn’t be a surprise to you that tax defaults have sky-rocketed, there are more tax liens now then there have been in history. This has greatly increased the opportunities to invest without risk in high-yielding tax lien certificates. Why is investing in Tax Lien a good idea? Savvy investors have been profiting from tax liens for years. Here are just a few of the benefits: Superior Returns: The rate of return on a tax lien can be much higher than other investments such as stocks or bonds. Low Risk: Tax liens are far safer than other forms of investment because of our equity position in the real estate are 85% or g

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