Today we will get into the third top ten risk to watch with Tax Lien Certificates. If you are looking at an industrial or manufacturing properties I can not express my serif more AVOID THEM ALL. Well I hope that was a convincing way to tell you. To start out until you become really qualified to look outside the box unless you are rich and do not care. Then I have something for you I own a ice villa in hell man do I get a lot of business down there. Sorry got side tracked don't know what I was thinking but stick to single family homes they are the safest way to start. All environmental property is public knowledge it is recorded. IF it is a sale in default they will just give you your money back as long as you do due-dilligence you can avoid all these problems.
Tax Lien holders are not responsible for the property. You are just doing the owner a favor by paying his taxes until he can get it paid. The interest rate is already on the taxes it is not like we make money for doing this. We do but not a charge to whom you are helping the tax is thrown on there by the county and you are just helping. So he will be paying the same regardless if you pat the Tax Lien or not. Okay just wanted to make that clear by purchasing these Tax Liens you are not making the taxes go up remember you are doing the tax payer a favor until he can pay back. Unless he can't then you own the property free and clear. Here is a link I will give you that allows you to look at all Environmental issues and the areas to stay away from.
http://www.EPA.gov
Hope you all have a great day and until next time
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