Sunday, 14 June 2009 17:00

Another Look at Tax Deed Sales

Written by Eddie Stewart
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Every property owner and home owner across the Nation is required to pay property taxes. You would be surprised to learn how often those taxes are not paid. When those property taxes are not paid the county assesses fees and penalties to the property owner. The county also gives the property owner a period to pay those delinquent taxes. If those property taxes are not paid during the allotted time period then our opportunity to take action at tax deed sales comes into play. During the tax deed sales the tax deed properties are sold for the delinquent tax amount plus any penalties, court costs and interest accrued by the county. Even including all of those fees, the delinquent tax amount, and interest the base price of the property is usually a small portion of the fair market value of the real estate property. Before the tax deed sale the county is required to make a public announcement about the sale of each real estate property. This is often done through the newspaper or postings in the county building. At the tax deed sale the winning bidder/tax deed investor becomes the new owner of the property which is free and clear of all mortgages, liens, and any other encumbrances. To find county tax deed lists contact the county or organization that handles the tax deed sales. Or you can search the lists available here on No Risk Investor. That is much easier than contacting every county. About half of the United States sell tax deeds while the other half sell tax lien certificates. The bargains available to tax deed investors can be beyond incredible! If you’re a member of this website you can view properties in the Marketplace that show what incredible deals you can get on these properties. 0 false 18 pt 18 pt 0 0 false false false No Risk Investor is the ultimate resource and tool for Tax Lien Properties, tax deed, and real estate investors all over the world.  No Risk Investor takes incredible pride in its ability to help students take action, get into properties, and begin the journey to financial freedom.  No Risk Investor provides county lists, property lists, online auction lists, comprehensive training and education, an auction calendar, and online auction center, an investor community and much more for its members.
Last modified on Wednesday, 07 July 2010 12:22
Eddie Stewart

Eddie Stewart

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