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5 Ways To Protect Your Bond Portfolio From Rising Interest Rates
The Federal Reserve recently raised its target federal funds rate for the first time since March 2000. This could be just the tip of the iceberg, though, as many experts believe rising inflation and a strengthening economy will spur continued...
Daly City California Real Estate
Daly City, California, is located in San Mateo County, 5 miles
SW of San Francisco, California. Daly City has a population of
103,621. The majority of its residents work in nearby San
Francisco, and Daly City has proven to be a popular...
FEATHERING YOUR RETIREMENT NEST
FEATHERING YOUR RETIREMENT NEST
What will you look for as you approach your "golden" years? Will
it be an affordable condo on the golf course with room for the
grandchildren to visit? Must it be close to friends and family
or new "senior"...
How To Start A Business and Be Successful At It?
In the Movie and Play “South Pacific” there is a song called “Talking.” The words to that song go like this. Feel free to sing it. “Talking, talking, talking, talking, talk. Talk about thing you'd like to do. You have to have a dream. If you don't...
Should You Itemize?
When you finally decide it is time to prepare your taxes, the
first question is whether you should itemize your deductions or
take the standard deduction provided by the IRS.
Choices, Choices...
Tax deductions are a very simple part of...
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What is a Tax Lien Certificate?
Let's begin with the basics. How would you like to walk into
your local county office and write them a check, and in
exchange, earn 14%, 24%, and even 50% on that money, guaranteed
by the government?
Property owners nationwide, pay property taxes. You pay them, I
pay them, but have you ever wondered what happens when someone
doesn't pay them? The county doesn't get the money, but they
still have bills. They have to raise this money somehow because
unlike the federal government they are not permitted to carry a
deficit. Like anyone they want their money now. To avoid chasing
the property owners, they turn to us for help. Counties
nationwide have said for years, "if you'll pay these property
taxes on behalf of these lazy property owners, we'll give you a
Tax Lien Certificate"; which gives you a first lien on the
property. "Now if the taxpayer doesn't pay you your money back
plus interest (8-50% per year), then we'll give you that piece
of property. But that's not all! We'll also extinguish all other
liens on that property, even the mortgage!" The first position
lien holder gets priority over everyone else. As the primary
lien holder you dictate what happens with that property, simply
put the first lien holder is God. TLC's have proven to be the
most efficient method by which the county can collect delinquent
taxes. Everyone wins! The taxpayer gets to keep his home and
gets more time to pay. The county gets paid. You the investor,
earn ultra high returns on your money. Best of all, if done
correctly there's no risk on your behalf. You pay the taxes and
wait out the redemption period until you win. If the taxes do
get paid you earn the interest penalty of 8-50%. If the taxpayer
does not pay you the back taxes plus the penalty interest - you
get the property. The mortgage and all other liens are wiped
clean off of the property. Can you say "JACKPOT!" That's right,
people like you and I are getting free and clear properties
across the U.S. for pennies on the dollar. Go ahead say it -
"JACKPOT". Brad Olstad http://www.FreeTaxLienSecrets.com
About the author:
http://www.FreeTaxLienSecrets.com
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