Free Tax Lien Info

June 27, 2008

How To Find County Tax Liens Online

Filed under: Tax Lien Property Guides — Tax Lien Property @ 8:50 am

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A is the results of not paying your property taxes on time. The county or state usually administrates the process of producing, publishing and making known the tax lien is happening to a piece of property. As an investor in liens you have to do a little leg work and this is just to ensure that you are targeting a piece of property and placing the odds of receiving either the property or your nice juicy interest rates (in exchange for your money of course).

You need to remember that this process is not difficult if you get the proper tools and learn how to use them. It’s always good to invest in a solid education on a matter before embarking on investing in anything. Knowing your odds and the possibilities can only make you a stronger investor.

Gone are the days when you’d have to take off of work and travel all the way over to Washington D.C. to participate in a live auction. Things have evolved so much now that you can get started at home using the U.S. postal services as your personal assistant.

Today you will be given information to get the ball rolling by physically mailing the right offices in Washington D.C. But before we do that, understand that as an investor you’ll receive a fixed amount of monthly or yearly interest for certain period of time. In essence, it’s like putting your money in a passbook savings account in 1983. That was when interest rates were paying 9, 10 and 11 percent. Mortgages were in the high teens and lower twenties. Amazing but true!

With each tax lien certificate, it entitles the owner to be repaid the amount of the delinquent taxes plus the interest accrued on that lien. The selling of certificates has now become more popular and you may have more competition at live auctions. But almost no one is working the “mail” angle.

Here is the address promised above…but what you need to do is mail a letter to this address and request to get on the mailing list for all tax lien certificate type business in their jurisdiction. They will likely respond with all the particulars of how to purchase them at a live sale, by mail and in some cases over the internet. Because this is perfect for stay at home moms and others that are home bound you can do this for great profits without ever leaving your home.

Here’s your free address to the gold in D.C.

District of Columbia
Attn: Tax Lien Officials
500 Indiana Ave. N.W.
Washington, D.C. 20001-2131

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June 6, 2008

Tax Lien Sales - How To Do It Online Or By Mail

Filed under: Tax Lien Property Guides — Tax Lien Property @ 6:35 am

(With Real Examples To Guide You)

In theory you can find the proverbial diamond in the ruff at tax lien sales. But did you know that many states allow you to purchase tax liens on properties through the mail?

You can get on the mailing list of a state, county or municipality and be apprised of what is on the list, when the sales are occurring and if you ask nicely you can just about complete your pre-purchase due diligence without ever leaving home.

Here’s how…

First you’ve got to decide on a state to concentrate on. Sure you may want to start large and try to learn the processes of 20 states but that is not worth it. You’ll just get confused and quit because it does take time to get up an running but when you get your system down you can easily expand to other states and just repeat the process. So, don’t despise starting small.

Say you are thinking of finding a good lien in Arizona. Arizona is full of sunshine all year. Tons of golf courses, nice restaurants and lakes abound. There are many counties in Arizona to choose from. For this example we’ll choose Maricopa county which is where Phoenix is located.

All you have to do thanks to the internet is surf on over to the state government page and get the address for the Maricopa county officials. Fire off a simple letter to them with some particular questions (that I’ll show you later) and you’ll be sent a list just like we get every year since 1996. Go to this website to find your targeted states website first: www.statelocalgov.net/50states-secretary-state.cfm

This will enable you to obtain the address for the county you want to target even further. Writing a simple letter asking specific questions is not a difficult process. In our next installment we will explain exactly what to write so be sure to look on www.freetaxlieninfo.com for the next installment.

They want to “SELL” you a tax lien to recover the lost revenue from the delinquent property owner. You for your good fortune are investing in a tax lien with a predefined rate of interest or return on your investment. After waiting the prescribe amount of time you’ll get your money back out of this investment when the property owner realizes they forgot to pay their taxes and pays the taxes owed plus administrative fees.

Every county is different and has prescribed rules and regulations. So the best way to approach this is to get educated about how that county or municipality goes about this process. But basically you’ll begin to see trends and similarities from one county to the next.

We get questions from blog and newsletter members all the time at www.freetaxlieninfo.com about this information. It seems that many people just do not know how to do this yet. You should take the time to invest in your education first before trying to make money at this. Even though the process is simple once you’ve gotten a solid real world education. Until then it is the blind leading the blind.

Since we were concentrating on Maricopa county which is where the more populated city of Phoenix is located we are able to find out that the address for the officials is:

Tax Lien Division
301 W. Jefferson
Phoenix, AZ 85003
ATTN: Treasurer

This little bit of information is costing thousands of other tax lien investing participants thousands of dollars. You could easily replicate this process for any state that you choose.

Be sure to comment with any questions or successes you have for all of the group to benefit.

Have a great day!

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May 31, 2008

Tax Lien Certificate Investing - The Last Bastion To Surefire Wealth

Filed under: Tax Lien Property Guides — Tax Lien Property @ 5:03 am

Wall Street goes up and down. It seems that every other day something comes up and causes a downward spike in the DOW. Growing your retirement or nest eggs using traditional stocks make be problematic. In this article we’ll share an alternative to the roller coaster ride of Wall Street.

Tax lien investing has been around for decades. It is often misunderstood because there just aren’t that many resources around to teach investors how to profit from the government backed process of paying delinquent taxes for property owners.

Many people think that this is a SCAM but it is the surest road to wealth that not one in on hundred people know anything about. It is rare. But lets talk about how and why this form of investing may never become obsolete.

Paying taxes some consider to be as American as apple pie and fireworks on the fourth of July. When citizens fail to pay their property taxes you can step in and pay them for them. This does not let the property owner off the hook though. They will eventually pay you back your invest with up to 50% interest tacked on for good measure.

The way it works in the United States is that all 50 states and the counties within those states have rules that govern delinquent taxes. The counties and municipalities need the tax revenue in order to run their entities. Without the revenue many would cease to exist or go into bankruptcy.

You may purchase tax lien certificates through the mail, in person at auctions or even online. The trick is knowing where to go to find out more information so you can make a good decision and not just shoot in the dark, so to speak.

In the case of a county auction you may bid on the face value of the certificate say the taxes owed are $1345 and you pay for the lien certificate with the same sum. At redemption, that is when the property owner remits their taxes you would get your investment back plus interest. This is so secure that the government allows HUGE pension funds, IRA administrators and a slew of other interested parties like school fund managers to invest in this process.

Now some people are saying that there is no way that you can lose by investing in tax lien certificates. But to be candid with you, nothing is 100% safe. Including tax lien certificates.

You see there is one lien that is superior to all other liens in America. This agency has laws on the books that give it first priority over any other lien including tax lien certificates. That agency is the IRS. The Internal Revenue Service can attach a lien to anything you own for failure to pay your personal income taxes. And that lien is SUPERIOR to all other liens. Now the likelihood of that occurring is not very probable but you should know that the IRS rules in America.

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