Tax lien investing has long been a popular method of investing in real estate but it should not be taken lightly. Although potential returns are huge, so are the risks. Approximately $425 billion in state and local real estate property taxes are owed across the U.S. each year. Of that, about $6 billion goes delinquent.
How To Properly Research Sheriff Sales
November 18, 2013 by
The sheriff’s sale is the last step in the foreclosure process. It’s also usually the opportunity to acquire a property at the lowest possible price. But that opportunity doesn’t come without substantial risk. Because of the risk, buying at sheriff’s auctions isn’t something I recommend but it is out there and others do it so
Tax Lien Errors – How You Could Lose Your Home Even If It’s Paid For
July 4, 2012 by
Rita James, a 76-year old from Atlanta, GA, had no idea 18 years ago that the Fulton county tax commissioners office had made a mistake on her property tax bill. As reported in the Atlanta Journal – Constitution, Ms. James spent years trying to save the home she had owned since 1963. A home which she apparently owned free and clear, except for those yearly property tax payments.
