Investing In Tax Lien Certificates For Beginners

Investing In Tax Lien

Investing in tax obligation liens via acquisitions at a tax obligation lien sale is just that-a financial investment. All Tax Obligation Sales in Colorado are conducted per CRS 39-11-101 thru 39-12-113 Adhering to the tax lien sale, successful prospective buyers will receive a duplicate of the tax obligation lien certificate of acquisition for each home. Investing in tax obligation liens with purchase at the tax obligation lien sale is just that, a financial investment.

Tax Lien Property Investing

When a homeowner falls behind in paying building taxes, the area or town might put tax obligation lien against the residential property. Rather of waiting for settlement of taxes, federal governments sometimes decide to sell tax lien certificates to private capitalists. Your income from a tax obligation lien investment will come from one of two sources: Either rate of interest repayments and late fees paid by house owners, or foreclosure on the residential property in some cases for as little as pennies on the dollar.