| There are four reasons why any savvy 21st century | | | | it!!! |
| investor would want to learn as much as possible | | | | A neighbors yard can look like a junkyard. A Satellite |
| about tax lien investing. They are as follows. | | | | photo can show you if the neighbor has a messy |
| Reason#1-Internet Tax Lien Sales: | | | | back yard, or a shed that caught on fire and was |
| The Tax lien market has seen considerable change | | | | never demolished. |
| over the last couple years. | | | | The curb appeal of your neighbors house is just as |
| It seems like only yesterday that a few of us would | | | | important as the curb appeal of your house when |
| gather on the courthouse steps of what county in | | | | you are trying to entice a buyer, especially if the |
| whatever state we were bidding for. | | | | market is hot and they have many homes to choose |
| You would have the pick of the litter and watch the | | | | from. |
| face of the county assessor drop as we all got our | | | | Another essential tool for research, most importantly |
| fill and stopped bidding. | | | | if you are going to concentrate of residential tax lien |
| In the bad old days the assessor would rarely, if ever | | | | investing, is the deluge of real estate site available at |
| sell off all of the liens that they had available. That | | | | a mouse click. |
| would mean that the county would incur the wraith | | | | Now you can find out everything you would ever |
| of an unfunded municipal coffer. | | | | want to know about a neighborhood or even a |
| When a person does not pay their property taxes | | | | whole city by just surfing the enormous number of |
| that county is left with an ever expanding deficit of | | | | real estate site that have comparables, resent sales |
| funding for such things as road maintenance. | | | | number, noise and light level, and just general gossip. |
| The bane of the tax assessor was the best kept | | | | Never forget knowledge is power! |
| secret in American investing vehicles, the tax lien. The | | | | Reason #3 Information about Foreclosures and Failing |
| word just never seemed to get out sufficiently | | | | Markets |
| about this amazing investment, thus a lack of sales | | | | Whether you deem it to be a blessing or a curse; we |
| of tax liens was a problem that needed solving. | | | | no longer have any privacy. |
| The savior of the county came with the advent of | | | | The internet has given us the ability to find |
| the internet. Some of the more savvy assessors | | | | mortgages that are in or close to default. It should |
| grasped the theory that folk just do not always | | | | be fairly obvious to you by this point in the book |
| want to travel, even for the BEST investment that | | | | that if someone is not paying their mortgage, they |
| money could buy. | | | | are not paying their taxes. |
| The obvious solution was to bring the auction to | | | | This information is invaluable when you are making |
| bidder! | | | | your desicion as to whether to buy tax liens for the |
| You can now sit in the comfort of your own home | | | | interest or the property acquistion. |
| or office and make a fortune from | | | | Banks and lending institution become heavy with |
| GOVERMENTALLY SECURED investments!!! Several | | | | foreclosed properties when the housing market |
| states such as Florida and Indiana are truly on the | | | | crashes. They are not nearly as apt to pay off the |
| cutting edge of internet technology in the way they | | | | back taxes on a property that is going to fill their |
| handle their auctions. | | | | books with more unwanted inventory. It is much |
| I, for one am more than happy to have the option | | | | easier for them to write it off the books as being |
| to NEVER stand in the rain with my hand up again! | | | | seized for tax evasion. |
| While there are still a few of my PLATINUM level | | | | As I mentioned above, so markets are MUCH more |
| states that I heavily invest in and still have to travel | | | | likely to redeem than others. Use the knowledge you |
| to, I now can built my fortune ever higher by merely | | | | accrue from your internet research on a given |
| clicking my mouse! | | | | market to make an educated guess as to the |
| Reason #2-Ease of Research: | | | | outcome of your investment. |
| Back in the good old days researching the properties | | | | If you are only worried about getting an amazing |
| that I wanted to bid on was tedious at best, | | | | interest rate, look towards investing in an area with a |
| impossible at worst. | | | | strong economy. You still maybe hit the jackpot, but |
| Please do yourself the favor of NEVER bidding on a | | | | it will be rare. |
| tax lien for a property that you have done no | | | | If you are looking to expand your real estate |
| research on. | | | | portfolio, look toward an area with a weaker |
| Sometimes a tax lien may seem too good to be true | | | | economy. A lot of foreclosures and massive real |
| nine times out of ten it is exactly that TOO GOOD | | | | estate sell-off are the indicators of choice. You will |
| TO BE TRUE. | | | | acquire your new property so cheap that you will be |
| 5 acres of land for pennies on the dollar sound great | | | | able to ask half the cost of your competition and still |
| right? What if it is landlocked on all sides?? What if | | | | make a killing! |
| you need to drill a 1000 foot deep well??? What if it | | | | Reason #4 International availability |
| is an environmental waste dumping ground???? Get | | | | The internet has opened the doors to the |
| the picture? | | | | international buyers market for goods and services |
| The research phase of your tax lien purchase is going | | | | around the world. Tax lien certificates are a perfect |
| to be the difference between hitting a home | | | | example of this 21st century investing arena. |
| run-redemption with full interest paid, possibility even | | | | I do not think you will see too many people flying in |
| a grand slam-getting a property for pennies on the | | | | from Australia to stand on a county court room |
| dollar OR owning a piece of environment disaster | | | | steps to bid for tax liens or deeds. While the hope of |
| history, made a parcel of useless land that YOU now | | | | getting a home in America for pennies on the dollar is |
| get to pay taxes on. | | | | a huge draw to any savvy investor, now it can be |
| Utilize all the tools that are now available to you at | | | | done with your mouse, not a plane ticket. |
| your finger tips. I say again GOD BLESS THE | | | | Americans will always have the advantage of being |
| INTERNET!!! | | | | able to easily travel throughout the country going to |
| Satellite photography has brought to us the power to | | | | their favorite tax lien auction sites, but the advent of |
| look at any house in the nation within a few seconds. | | | | internet tax lien auction site has enpowered the |
| Like the old saying goes good fences make good | | | | world. |
| neighbors. | | | | The great part is the county is getting their tax |
| Do not bid on a parcel that sits next to a junkyard; | | | | money to provide us with roads, fire and police |
| noise, dust, stench, environment waste, etc. will all be | | | | departments, etc. Whether they use domestic or |
| waiting for you if you win this gem! Good luck selling | | | | foreign investor dollars, we all win! |