Questions About Tax Lien and Tax Deed Investing


Shown below are categories for our tax lien and tax deed investing questions.

Are there any differences between buying at a public auction versus buying from an "Transfer Of Ownership"?

Answer

Though the actual certificate is the same, buying at auctions and getting a good deal can be difficult. Listed below are the reasons why:
  1. You might get outbid after spending so much time on research.
  2. Many parcels listed in the tax sale list never get auctioned off.
  3. Because all of Florida's county's have their auction in the beginning of June many auctions are held simultaneously.
  4. You will also have to wait a full two years before you can begin the foreclosure process.
  5. If the tax lien certificate was bid down to ¼ % and the certificate gets redeemed in the first year, you make a small profit.

When you buy through an assignment:

  1. Certificates may already be earning 18%.
  2. You are able to calmly buy in an unhurried and pressure-free atmosphere versus that of an auction.
  3. In almost all cases comprehensive research yield results, because nearly all certificates listed are sold.
  4. If your certificate is two years old, the foreclosure process can begin immediately.

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Over the past years as we have fielded thousands of tax lien and deed calls and emails from students around the world, we have noticed a few things.  The first thing we have noticed is that we were pretty much asked the same questions by all students.  In order to better serve our students we decided to post the most frequently asked questions on the website.  This saves the students time and effort by bringing the questions right to noriskinvestor.com rather than forcing them to call in to get answers to their questions.  The students can get answers to many questions including the following:

If you have questions that are not answered on this tax lien and tax deed FAQ page, please feel free to submit those questions to us and we will post them here for future students.