Tax Lien Certificates - An Amazing Investment

I created this blog to share things I learn about investing in tax lien
certificates.

Basicially, tax lien certificates are created when U.S. citizens fall behind
in their property taxes and a "lien" is place on the property until the
late taxes and late fee is paid. In the interimn, local governments
need the money to pay for schools, libraries, police, fire, etc., so they
sell the lien to investors.

When the property owner pays the late taxes, plus the penalty, that
money is passed along to the investor. If the property owner doesn't
pay the taxes after a certain time, the investor can end up with the
property for pennies on the dollar!

The late fees, which are paid as interest to the investors can range from
16% to as high as 50%. Even if the property owner pays 1 week after
the investor buys the lien, the investor gets the full interest rate.

There's a lot more to know about investing in government secured
tax certificates of course, but that's the basics of it. I learned much
of what I know about it from a course by Ted Thomas. You'll find
that course at http://InsiderLiens.com

However, I plan on sharing a lot of what I've learned on the topic right
here on this blog. So, bookmark this blog and prepare to learn about
investing in tax lien certificates... something only bankers, realtors, and
a select few others use to know about and NOT talk about very much.

Paris