If you’re ready to say goodbye to money worries, then you need to know the answer to the question, “What is a lien sale?” Before we explore that, first let me ask you a few other questions.
How do you feel about your financial future? How has the C-19 virus and all the pandemonium of the economy affected your plans for retirement?
What about your economic well being? Are you stressed out about your financial situation? Are you ready to say goodbye to money worries?
What if I told you there was still a way forward, a way to put your worries about money behind you, even in today’s economy?
Well, what I’m about to share with you can earn you 12% to 36% interest on your investment, and you do not need a lot of money to start. Are you interested yet?
So what is a lien sale, and how can you take advantage of this? How can you start making these high returns on your investment?
A lien sale is a predictable, certain, and secure way to make the extra money you need! And it’s guaranteed by law.
By learning what is a lien sale and how you can participate, you can join the countless people who have discovered the amazing financial power of tax lien certificates. You can take control of your financial future.
What Is a Lien Sale vs. Other Investments?
Instead of buying a bond and earning less than the rate of inflation, or buying a stock and holding your breath in hopes the market, and your stock, goes up, you can predictably profit from tax liens.
Rather than taking painful losses like every other shareholder, you can learn how to buy homes, land, lakefront property, condominiums, office buildings, and so much more, for pennies on the dollar.
Instead of looking for a second or third job to help you make ends meet, discover how to build wealth and create a fun-filled lifestyle that allows you to live life your way.
So now when you are asked,” What is a lien sale?” you can say, “A tax lien certificate is one of the best ways available to achieve financial freedom.”
These investments are starting to become more well-known. In some circles, they are known as state tax liens.
Whether we’re talking about tax lien investing, or tax lien certificate investing, its all the same exciting opportunity just called by different names.
So, “What is a lien sale?” It’s where you invest in tax liens, also known as tax lien certificates, and this takes place at an auction.
What Is a Lien Sale? A Light at the End of a Tunnel
Much of what got me interested in tax liens were the same difficult conditions that I mentioned above.
- Savings destroyed by the downturn in the economy
- Struggling under a mountain of debt
- Concerns about retirement
No matter how much I tried, I couldn’t see a light at the end of the dark financial tunnel that I found myself in.
I was more than stressed out when I realized that, at the rate I was going, I would have to work until I was 100-years old before I could retire.
What Is a Lien Sale? The Man With the Answer
The turning point occurred when a friend introduced me to Ted Thomas, Ted’s seminars, and the very valuable information taught there.
For decades, Ted has been teaching people like you and me how to become financially independent in any economic conditions.
Ted has assembled a team of experts who know this field, and the opportunities in it, well enough to teach anyone with the willpower and desire to thrive financially.
One of his students is Robert Shemin, an attorney and New York Times bestselling author.
Here’s Robert’s answer to what is a lien sale, and are tax lien certificates legal? Are tax liens secure, and are they profitable?
“Tax-lien certificates are both legal, and they are statutory; they are backed, approved, and written by state governments. They are safe, secure, and profitable. Actually, tax-lien certificates are how the governments collect their tax money when people don’t pay their property taxes.”
What Is a Lien Sale? Real-life Success Stories from Those Who Know
John Hines is a Ted Thomas student, who made a 6-figure income in a year from tax lien sales:
“The least expensive tax certificate that we bought was $27. We went on and bought about 400 of them over the next year and made about $100,000 profit that year. It was amazing! It was just the best feeling ever!”
Rocco Tripepi is another Ted Thomas student. Here is his experience with tax liens:
“I bought tax certificates. People that did not pay their taxes, I paid their taxes. I paid around $6,900, just shy of $7,000. I got 18% on my money. It just got redeemed in December. I got $1,890 back, which is 18% on my money.”
What Is a Lien Sale and Why Does It Occur?
When people don’t pay their property taxes, the government issues a piece of paper, a tax certificate. Why? The government needs money!
The government needs money to pay county employees, the fire department, the police department – all those things are paid with property tax revenue.
If people don’t pay their property tax every year, how is the county going to keep running and pay all the government employees?
So the government simply says, ” If you don’t pay your tax, we’ll put a lien on your property for the amount you owe in back taxes.”
What Is a Lien Sale’s Return on Investment?
In today’s economy, whether you look to banks, mutual funds, bonds, or even stocks, are you going to get 18% on your money? It’s not likely to happen.
Let’s take a closer look at tax lien interest rates. At 18% interest, your principle doubles every four years! Now, that’s something to think about.
If you’re wondering, “What’s the catch? It can’t be this easy to make huge profits, can it?” There is no catch, and people make hefty profits all the time.
One of two things can happen:
- You receive high interest rates secured by real estate, or
- You end up owning a mortgage-free property, often purchased for cents on the dollar
95% to 97% of the time, you get the interest, and those interest rates can be stratospherically high, 16% all the way up to 36%.
What Is a Lien Sale State and How Much Interest Could a State Pay?
The interest rates of the tax lien certificates range widely, depending on several factors.
First of all, where you are buying them? Which state?
For example, the Florida statutory interest rate, which is the law, states they must offer 18% as the opening bid at the auction.
Texas pays 25%, and Iowa pays 24%. Some states would pay you 16%, but you can go from state to state. If you live in Louisiana, they pay 15%; If you wanted to invest in Maryland, 24%, and in Illinois, they pay all the way up to 36%!
What Is a Lien Sale and How Much Money Do You Need to Get Started?
Anybody can do this. You could start out buying tax lien certificates as small as $50. Or you could buy all the way up to $5,000, or even more, depending on the back taxes owed on the property.
You can buy those certificates and begin making excellent interest on this passive investment.
As with any good opportunity, there is a learning curve in order to be able to take full advantage and not slip up.
What Is a Lien Sale and Where Can You Find One?
Although state law governs tax lien certificate interest rates, they are actually sold by individual counties.
What is a lien sale? It’s local. You will bid on and purchase tax liens at an auction, online or offline, run by the individual county where you wish to invest.
There are over 3,000 counties, so tax lien investing involves doing your homework and due diligence. You have to know what you’re looking for, where to find it, and the rules of each auction.
A tax lien certificate is a passive investment that can earn you a high rate of interest, up to 36%. Since these certificates are secured by real estate, you could even end up owning a property for mere pennies on the dollar.
Compared to other investments, tax liens are safe and predictable, if you know what you’re doing. Rules and rates vary depending on the state and the county, so it’s necessary to do your homework.
There are people making 6-figures a year from investing in tax liens, and it’s something anyone can do. You could get started doing this even if you don’t have a lot of money.
Ted can help you. He has authored over 30 books on the subject and taught in-depth classes about tax-defaulted property investing for over 25 years. Ted Thomas teaches everything you’d need to know to profit from tax lien sales.
See for yourself how much time and money Ted and his coaches can save you by showing you all the best techniques and tricks. They will even walk you through the process step-by-step if you want.
If you’re ready for financial freedom regardless of the economy, and you want to start making amazing profits, you can get started today.
Ted’s offering you a FREE home study course on tax liens and tax deeds: The Safe Haven Investor System – a $197 value – but at no cost to you with the promo code: GIFT
Go to TedThomas.com/safehaven, and take advantage of this free course, 2 streaming videos and a PDF packed full of info.
Follow me on:
Share my blog here: