Since we are talking about redemption tax deed states, I wanted to take a minute to describe Louisiana tax deed sales.  Although many investors classify Louisiana as a tax lien state, I'm here to correct the rumors and make sure you know its actual rules as a redemption tax deed state.  What that means is at Louisiana tax sales they do not sell tax lien certificates, they sell a tax deed.  But attached to the tax deed is a redemption period.  Although the investor purchases a tax deed essentially transferring ownership, the property owner still has a period of time to pay back the delinquent property taxes along with any interest or penalties that have accrued to that point in time. The redemption period in Louisiana is one of the longest at 3 years.  That is a pretty long time, but every year that your money is tied up in that investment you would make 12 percent on your money.  That essentially equates to 1 percent every month of the life of the investment.  That is still phenomenal because it is state mandated.  You might return 12 percent annually in the stock market if you are lucky, but you might lose 12 percent, too... so this is still miles ahead of the alternative.  Louisiana also adds a 5 percent penalty at the time of redemption.  So when if the property owner decides to pay their delinquent taxes with interest then another 5 percent is tacked on at the time of redemption and is classified as a penalty.  So if they redeem at the end of the first year, then you would have made 17 percent on your investment. If the property owner does not redeem within the 3-year redemption period, then the property owner loses their right to the property and the investor is a new property owner.  Louisiana tax sales are a great place to invest.  It offers fair returns on your money along with a penalty that the investor receives upon redemption. No Risk Investor is the most trusted resource for tax lien and tax deed investing.  Investors all over the world have joined the ranks of tax lien and deed investors using No Risk Investor's simple resources to make money in tax liens and tax deeds.  No other source provides as many quality lists and tools to help investors quickly find great investments that will return 16% - 50% every year.

If you're interested in tax deed sales, then Georgia is one of the top spots in the country.  But Georgia tax sales are a bit unique.  Georgia's rules are more in line with Texas tax sales and Louisiana tax sales; meaning Georgia is a redemption tax deed state.  They sell a tax deed that has a redemption period attached to it.  That initially turns off some people, but Georgia actually provides a great opportunity.  Let me share a few things about Georgia. Each tax deed that is sold in Georgia has a redemption period of 1 year and 45 days, but during that period an investor will make a 20 percent penalty on their investment.  Georgia tax sales operate through a premium bid method, which means that the winning bidder is the bidder that bids the highest price tag above the minimum bid.  When purchasing at Georgia tax sales you will probably bid a premium amount above the minimum bid amount.  Don't worry, though, because the premium you bid also receives a 20 percent return.  Another bonus is that when the property owner fails to redeem the investor can file a Notice of Foreclosure of Right of Redemption, which triggers another 10 percent penalty.  The Notice can be filed 1 year and 1 day after the sale of the tax deed. Because the investor receives interest on the surplus bid (the amount bid above the minimum asking price) investors tend to bid high amounts for their tax deeds.  As we have always said, make sure to run all the numbers before attending the auction and figure out a maximum bid amount that you are willing to place.  Make sure your maximum bid leaves enough margin to allow you to exit and make the money you are interested in making.  For example, if the property value is $55,000 and you place a winning bid of $53,000, then your margins are small and it may be difficult to make a large return. When investors bid up the premium, it also increases the likelihood that the property owner will not redeem, which gives the investor the right to own the property.  The amount you bid is easy to control.  Just plan ahead. Georgia tax sales are great for investing.  A few main points include the following: Georgia sells redemption tax deeds (tax deed with redemption period of 1 year and 45 days) 20 percent penalty during first year of investment 10 percent penalty added when Notice of Foreclosure of Right of Redemption is filed Premium bidding method (premium is included in price of tax deed) Physical presence is necessary to purchase tax deeds No Risk Investor is the most trusted resource for tax lien and tax deed investing.  Investors all over the world have joined the ranks of tax lien and deed investors using No Risk Investor's simple resources to make money in tax liens and tax deeds.  No other source provides as many quality lists and tools to help investors quickly find great investments that will return 16% - 50% every year.