Discover how to find a delinquent tax sale list and unlock the profit potential of tax lien certificates and tax deeds. Start your journey towards financial independence today!
In this guide, we’ll show you how to find and obtain delinquent tax sale lists, so you can start your investment journey into the lucrative world of tax lien certificates and tax deeds.
By checking local newspapers and county websites, you can discover the opportunities available.
Each state and county has its own rules and regulations, and we can help you navigate through the process.
With high potential returns and the security of investing with the local government, tax lien and tax deed investing can be a profitable and safe investment strategy.
Local Sources for Delinquent Tax Sale Lists
You can find delinquent tax sale lists in your local newspaper or on your county’s website. Local newspapers often publish tax delinquent properties for sale lists for the county you’re in. They are a reliable source for finding delinquent tax sale lists. The list will typically include property numbers rather than pictures.
County websites also provide tax sale properties lists of tax lien certificates for sale. To obtain the list, you can contact the county or visit their website. Some counties may mail the list, while others may refer you to their website.
It’s important to note that different counties have different methods of advertising the delinquent tax sale list. So, make sure to check both your local newspaper and the county website to access the most comprehensive list of tax sales in your area.
Tax Sale Lists in Different States
Florida and New York have different methods for advertising and selling tax defaulted properties. In Florida, tax lien certificates are sold and delinquent tax sale lists are advertised through newspapers and county websites. On the other hand, New York sells tax defaulted properties and provides brochures with property descriptions and pictures.
This difference in methods highlights the varying approaches taken by different states when it comes to tax sales. It is important for potential investors to understand these methods in order to navigate the tax sale business effectively.
By being aware of the specific rules and regulations of each county and knowing where to acquire delinquent tax sale lists, you can take advantage of the abundance of tax lien certificates and tax deeds available across the US. This knowledge will enable you to make informed decisions and potentially secure safe and profitable investments.
Understanding the Tax Delinquent Property Investing Process
To navigate the investment process effectively, it’s crucial for you to understand what each county and state has to offer. About half of the states sell tax lien certificates, and the other half sell tax deeds with a small number offering redeemable tax deeds.
For example, in Georgia, you can expect a minimum 20% return in just one day when investing in redeemable tax deeds.
Florida, on the other hand, uses a bid-down process, also called a reverse auction, for tax lien certificates, with starting interest rates at 18%. The bidding process can even go as low as a quarter percent interest.
It’s important to note that tax lien certificate interest rates vary from state to state and can even vary from county to county. For example, the interest rate in Arizona is 16%, in Iowa it’s 24%, and in Illinois 36%.
In tax deed states, the real estate is sold outright, and the highest bidder wins the property. While in tax lien certificate states, you’re bidding on the tax lien and the right to collect the back taxes plus the high rate of interest. If you’re not paid, then you can foreclose on the property.
Therefore, it’s essential to have a solid understanding of the investment process of each county.
Frequently Asked Questions
What Is the Process for Bidding on Tax Lien Certificates in Los Angeles County?
To bid on tax lien certificates in Los Angeles County, visit their website or contact the county directly. The auction includes thousands of properties with starting bids as low as $50. Make sure to understand the specific rules and regulations of the county.
Are There Any Online Platforms or Websites Where Tax Lien Certificates Are Auctioned Off?
Yes, there are online platforms and websites where tax lien certificates are auctioned off. These platforms provide a convenient way to participate in tax lien auctions and expand your investment opportunities.
How Can I Find Out the Starting Bid for a Property in a Tax Sale?
To find out the starting bid for a property in a tax sale, you can contact the county or visit their website. They will provide you with the information you need to participate in the auction. Sometimes, but not always, the starting bids are posted in the delinquent tax sale list.
Are Tax Lien Certificates Transferable to Other Investors?
Yes, tax lien certificates are transferable to other investors. They can be bought and sold like any other investment. However, it’s important to understand the specific rules and regulations of each county regarding the transfer process.
What Happens if a Property Owner Fails to Pay Their Taxes After Purchasing a Tax Lien Certificate?
If a property owner fails to pay their taxes after you’ve purchased a tax lien certificate, you have the right to foreclose on the property. This allows you to either get paid or acquire the property.
Conclusion
In conclusion, finding and obtaining a delinquent tax sale list is an important step in investing in tax lien certificates and deeds. By checking local sources such as newspapers or county websites, you can access delinquent tax sale lists and explore the potential investment opportunities available.
Understanding the investment process, including the difference between tax lien certificates and tax deeds, is crucial for making informed decisions. Each state and county has its own rules and regulations, so it’s important to research and familiarize yourself with them.
With the abundance of tax liens and deeds available across the US, this investment opportunity can be lucrative. Remember, tax lien certificates offer potential high returns and the safety of investing with the local government.
Start exploring delinquent tax sale lists today and embark on your investment journey.
If you’d like to know more about tax delinquent real estate investing, Ted Thomas provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, personal coaching with certified coaches, and an interactive map and auction calendar research tool that allows you to visit each county online to find the details about upcoming auctions. Start your money-making journey by attending Ted’s 7-Hour foundational training.
Want to earn massive income from bargain real estate investing? Would you like to buy mortgage-free properties for pennies on the dollar? Or earn double-digit interest rates secured by real estate? Then get started today with this Free Gift.
Ted Thomas is America’s Leading Authority on Tax Lien Certificates and Tax Deed Auctions, as well as a publisher and author of more than 30 books. His guidebooks on Real Estate have sold in four corners of the world. He has been teaching people just like you for over 30 years how to buy houses in good neighborhoods for pennies on the dollar. He teaches how to create wealth with minimum risk and easy-to-learn methods.
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