Know About The Difference Between Tax Liens & Tax Deeds
The stock market is unpredictable. Many investors are looking for alternative opportunities for profitable returns. Real estate tax default investments are attracting many investors for lucrative returns. If you want to invest in real estate, then you need to understand real estate industry well. This will save you from bad deals or loss of investment and you will earn a great profit on your investment. Tax Liens A security interest that is granted by an investor to a real estate property until the settlement of tax debts is referred to tax liens. A lien is placed by the government on the property if the owner of the property fails to pay the taxes. A tax lien certificate is issued by the Municipal Cooperation that defines all the fine, interests and penalties dues. This certificate is put on the auction and gives to the highest bidder. If you want to win that bid, you have to pay the highest premium or accept the lowest interest rate. After purchasing ...