Niches That Bring Your Riches:Tax Deeds/ Tax Lien Sales – PART 1
I am currently doing a series on my blog covering a little about each of the types of niches you could consider when investing in real estate. Go here to go to the beginning of this series.
When homeowners fail to pay real estate (property) taxes, the government has the right to sell their property in a state “tax sale.” In a tax lien state, homeowners have an opportunity to pay back the amount owed within a specific time frame even after their property has been “sold” to an investor. The investor may be paid back with interest. … Read the rest