Is Georgia a Tax Lien or Deed State?

I’m Ted Thomas, and today I’m going to answer your question, “Is Georgia a tax lien or deed state?”

I’m going to give you some insider tips on how to make money, and you’re going to love what we’ll talk about today.

Want to learn how to make big profits in real estate? Would you like to buy mortgage-free homes for pennies on the dollar? Or earn double-digit interest rates secured by real estate? Then you don’t want to miss this FREE Mini Course.

Is Georgia a Tax Lien or Deed State?

A Redeemable Tax Deed State

So, is Georgia a tax lien or deed state? Well, you’re in for a big surprise. Georgia is a redeemable tax deed state. That simply means that since the property owner didn’t pay their property tax, the county is going to issue a tax deed and sell it at auction. But, it’s redeemable.

Now, what does that mean? How do tax deeds work in Georgia? That simply means that if I buy that deed at the auction, it’s redeemable. For up to 365 days, the property owner can come in and redeem the deed.

I invest my money, but I don’t get possession of the property. I have to wait one year. Now, hold on and listen closely because if you get this, you’re going to be able to make a lot of money in this business.

Is Georgia a Tax Lien or Deed State?

The Interest Rate in Georgia

They sell a redeemable deed, and I purchase the deed. Anytime that the homeowner comes in to pay, they have to give me back all my money, plus 20%.

If they come in in 10 days and pay me, I get all my money back plus 20%, and it works all the way up to day 364.

Is Georgia a Tax Lien or Deed State?

Redeeming the Deed

Is Georgia a Tax Lien or Deed State? 1Most homeowners will redeem the tax deed. Some of them will do it very quickly in 10 days or 25 days. Others wait all the way until day 365.

It doesn’t matter when they redeem it, they’ll always have to give you back all your money, plus 20%.

When I say, “You’ll get back all your money,” you invested with the government, and you’re going to get a check back. You can be comfortable knowing this is a predictable, certain and secure deed.

Is Georgia a Tax Lien or Deed State?
What Happens on Day 366?

What if they don’t pay after 1 year? If they don’t pay you, then you can get the property. However, I’m going to tell you that I prefer you don’t get the property.

I would tell you let the deed rollover into the 2nd year because on day 366, you’d earn 30% on your investment.

If it goes into the 3rd year, you’ll make 40%, and into the 4th year, you’re going to make 50%.

What are we talking about here? We’re talking about a passive investment. You buy that redeemable deed, and then you sit on your rusty dusty. You don’t have any work to do.

Is Georgia a Tax Lien or Deed State?

Tax Deeds

If you purchase that deed and the homeowner doesn’t pay, you’re going to get the property.

How do tax deeds work? They’re selling the property, and that’s what they’re doing in Georgia. They’re selling the property.

However, they try to be good to the homeowners by allowing them to come in and pay back whatever the bid was, plus a 20% penalty. They’re not just trying to kick people out of their homes.

Is Georgia a Tax Lien or Deed State?

Liens and Deeds Are Low-Risk Investments

What kind of investment are tax liens and tax deeds? They’re the safest in America. This is an alternative investment that the government created 200-years ago.

This is a low risk investment. If you don’t get paid, you will get the property.

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Is Georgia a Tax Lien or Deed State?
How Much Do Redeemable Deeds Cost?

There are 159 counties in Georgia, and they all are authorized to have an auction, which they do once a month in Georgia.

Where does the bidding at these auctions start? It generally starts somewhere very close to the back taxes.

For example, property taxes are usually 1% to 1 and a half percent. So, if a property is worth $100,000, it’s going to have at least a $1,000 dollar tax bill. What if it was behind 2 years? Then suddenly, it’s $2,000 or more plus some penalties.

Is Georgia a Tax Lien or Deed State?
This Is a Lucrative Business

The point is if you could buy for that price without a mortgage, have you just made the deal of your lifetime? You definitely have.

Can you make $25,000, $50,000 or $100,000 on a deal? Absolutely.

There’s something for everybody, they’ll never run out. You can’t buy them all; it’s impossible.

Is Georgia a Tax Lien or Deed State?

Conclusion

Georgia is a redeemable deed state, which means that they sell you the deed, but the property owner is given a year to redeem it. If the property owner redeems, then you get all of your money back plus 20%.

If the property owner doesn’t redeem, then you get the property, or you can choose to let it rollover.

If you let it rollover into the 2nd year, then starting on day 366, you get your money back plus 30%, or you can let it go into the 3rd year and get 40%, or 4th year and get 50%. I’m sure you’re seeing how lucrative this can be.

If you’d like to know more, Ted provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, and personal coaching with certified coaches.

Is Georgia a Tax Lien or Deed State? 2You can learn how to reap huge rewards from tax liens, deeds, and redeemable deeds! Get started today by taking advantage of Ted’s Free Master Class! Act now, it costs you nothing and will give you a big head start!


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