Investing in tax deeds in the United States of America - Paperback

by Lisa William (Author)

You may have saved your money in the bank thinking of what to invest in, and it is making less than 2%. Meanwhile, people are getting richer by the day about 20-60% of their actual money goes into their pockets as profits. The secret to these is government-backed tax certificates; the certificates are first lien certificates and later on deeds if the taxes are not paid. Many states offer deeds directly on properties with delinquent taxes. In this book, we are treating tax deeds which are issued after a given amount or period accrued on properties of which government taxes are not paid. It is mostly done by auction whereby the local authority publishes the list of properties to be auctioned in the local paper. The bid amount mostly starts with the same amount of back taxes and interests or administrative costs. If you are lucky enough, you buy at the same amount of delinquent taxes, make the necessary payments and voila The property is yours to rent, occupy or sell as you wish. However, before all this, do your research, know the sale method of each state, the date of the auctions and if possible look for the list of properties of your chosen state and assess their market with similar structures nearby. This book will take you through the nitty-gritty of tax deed investing, click the buy button and enjoy a good value for your money.