Tax Lien Investing Pitfalls

Tax Lien And Tax Deed Investing

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

Tax Lien And Tax Deed Investing

When a home owner drops behind in paying property tax obligations, the area or town might place tax lien versus the home. Instead of waiting for settlement of tax obligations, federal governments sometimes determine to sell tax obligation lien certifications to personal capitalists. Your revenue from a tax obligation lien investment will come from one of two resources: Either passion repayments and late charges paid by homeowners, or foreclosure on the home often for as little as dimes on the dollar.