Tax liens and deeds:

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Last fall I attend a financial workshop and learned some great stuff. Here are some of my notes on tax liens and deeds.

–          exist in all states and territories

–          tax liens is low risk and high returns.

–          An average return might be 14%

–          offer good financial liquidity: investment turnaround about nine months or money for year

–          tax liens are independent from the FDIC

–          misconception: founded by property tax revenue.

–          Liens is investing in people’s taxes due on properties.

–                          Returns are mandated by state law.

–                          Home can be influenced by federal laws.

–          Actual taxing properties:

–                          represents homes where the owner has a pay the taxes yet.

–                          Homeowner has to pay taxes if they don’t than the ownership of the home can go to the lead owner. First mortgages dropped you get access over mortgage companies.

–          The house acts as collateral for my loan.

Have something to add to the list? Please put additional ideas in the comment section of this blog.

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