Risks Of Investing In Tax Liens

Robert Kiyosaki Tax Lien Investing

Investing in tax obligation liens through purchases at a tax obligation lien sale is just that-an investment. All Tax Sales in Colorado are conducted per CRS 39-11-101 thru 39-12-113 Adhering to the tax lien sale, effective bidders will certainly obtain a duplicate of the tax obligation lien certification of acquisition for each residential or commercial property. Investing in tax obligation liens via acquisition at the tax lien sale is just that, an investment.

Risks Of Investing In Tax Liens

When a homeowner falls behind in paying residential property taxes, the region or town might position tax obligation lien versus the residential or commercial property. Instead of waiting for payment of taxes, federal governments sometimes decide to sell tax obligation lien certificates to private capitalists. Your earnings from a tax lien investment will come from one of two sources: Either passion settlements and late fees paid by house owners, or repossession on the building often for as little as dimes on the dollar.