From the Inside Flap
Real estate tax liens are among the most profitable and safest investments in the world. Yet surprisingly few people know about them. Affordable enough for small investors and available in one form or another in almost every state, tax liens are a great way to invest for retirement, college tuition, or any other need you might have. In Make Money in Real Estate Tax Liens, the husband-and-wife real estate team of Bill and Chantal Carey make this powerful investment vehicle available to everyone with smart advice and step-by-step planning.
Though the specifics often vary from state to state, tax liens essentially work the same way everywhere. Issued by federal, state, or local tax authorities, a lien is placed against the title of a property when the owner fails to pay taxes. The lien prevents the owner from selling the property until the debt is paid. Here's where you come in. By purchasing the tax lien certificateessentially paying off the owner's tax billyou're entitled to repayment, plus considerable interest. In the event the property owner fails to repay you, the property becomes yours, even if it's worth significantly more than the cost of the lien certificate! Either way, you profit greatly without taking on any significant risk.
As far as investments go, it's practically a no-brainer. So it's no wonder real estate tax lien certificates are commonly found in the investment portfolios of major banks, brokerage firms, and institutional investors. With continued low interest rates and a dicey stock market, tax liens are among the most reliable and profitable investment vehicles around.
Inside, you'll learn how, when, and where you can buy liens; how to assign tax lien certificates to other investors at a big profit; how to foreclose on a property; how to redeem your tax lien certificates; and much more. Plus, the Careys provide a listing of tax lien rules by state and appendices with helpful charts, contracts, and other documents. Make Money in Real Estate Tax Liens gives you all the information you need to start making money in one of the best investments you can find anywhere.
From the Back Cover
MAKE MONEY IN REAL ESTATE TAX LIENS
How does a guaranteed short-term profit of fifteen, twenty-five, or even fifty percent sound? What if you could acquire a property valued at $100,000 with just a $10,000 investment? In the tax lien game, those kinds of profits aren't just possible, they actually happen! In Make Money in Real Estate Tax Liens, Chantal and Bill Carey show you how to profit from this safe and reliable wealth-builder. Inside, you'll find answers to all your important real estate tax lien questions:
- What are real estate tax liens?
- What are the risks versus the returns of tax lien investing?
- Why should I buy tax liens?
- How, when, and where can I buy tax liens?
- Will I have to foreclose on properties?
- Does my state offer tax liens?
- How do investors redeem tax lien certificates?
- Will I end up owning property?
Look inside for the answers and start making money today!