Making Serious Money with Predictable Gov Secured Tax Certificates – Ted Thomas
Making Serious Money with Predictable Gov Secured Tax Certificates
Earn 16%, 18%, Up To 24% On Government Certificates… Your Cash Flow Is Fixed by Law… And Will Stay High Regardless Of What Happens To Bank Rates or the Stock Market!
Tax Liens
Earn 16%, 18%, 24%… up to 50% with government tax certificates.
What Is A Tax Lien?
I would be a millionaire if I had a dollar each time someone said “what is a tax lien?”. A lien is a legal term pertaining to the right to gain possession of someone else’s property until the owner of the property fulfills a legal duty to the person holding the lien. In other words, liens occur when you don’t pay your bills on time.
Many property owners do not pay their tax liens because they forget about it or they can’t afford to. The problem with this is that the local governments rely on the revenue generated by property taxes to provide services and run their daily operations. If enough property tax bills become delinquent, the counties find it difficult to budget and function.
What Is a Tax Lien and How Does It Work?
When the property owner does not pay his property taxes, the local government places a lien on the property. Many states allow their government to sell their tax liens to private citizens in the form of tax lien certificates. The local governments then hold tax lien auctions and sell the tax liens for the property tax prices plus any accumulated interest.
Some of you may be wondering “what is a tax lien good for?”. First and foremost, the government gets immediate funds and is able to function properly. The investor of the tax lien certificate receives a low risk high return investment. In today’s turbulent economy, investments have not been performing well. So why not invest in tax lien certificates that are government guaranteed and real estate secured?
Tax Deeds
Properties sold for as low as ten or twenty cents on the dollar!
What Are Tax Deeds?
Tax deeds are one of the two ways that the government handles delinquent property taxes. Tax deed sales are where you can buy property free and clear at bargain-basement costs. The winning bidder gets a deed to the property and the government is able to continue with its day to day operations.
Almost all local governments are millions of dollars in debt. Without these delinquent property taxes, the governments cannot fund a number of services, including maintaining hospitals, roads and public schools. As one means of generating lost income from delinquent taxpayers, county governments offer tax deeds to the public.
How Are Tax Deeds Sold?
Tax deeds are sold at tax deed auctions that are available to the public. The owner and all lien holders have been given ample time to respond and are told that their property will be sold if delinquent taxes are not satisfied. The tax deeds can then be sold for as low as ten or twenty cents on the dollar.
Tax deed sales vary from each state. Anyone can bid and participate in these types of sales if they have the money present. These sales are normally more costly than tax lien certificates. For this reason, we strongly recommend that you get educated before you purchase tax deeds. Ted Thomas offers a variety of learning systems to educate investors on how to make secure investments with Tax Deeds.
Access Download Making Serious Money with Predictable Gov Secured Tax Certificates – Ted Thomas right now!
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