Is Investing In Tax Liens A Good Idea

What Is Tax Lien Investing

Investing in tax obligation liens via acquisitions at a tax lien sale is just that-a financial investment. All Tax Obligation Sales in Colorado are conducted per CRS 39-11-101 thru 39-12-113 Following the tax lien sale, successful prospective buyers will get a copy of the tax lien certificate of acquisition for each property. Investing in tax liens with purchase at the tax obligation lien sale is simply that, a financial investment.

Investing In Tax Liens Certificates

When a home owner drops behind in paying home tax obligations, the area or district may position tax obligation lien against the building. Instead of waiting for repayment of tax obligations, governments sometimes determine to market tax lien certifications to personal investors. Your income from a tax obligation lien financial investment will certainly come from one of 2 resources: Either rate of interest settlements and late charges paid by house owners, or foreclosure on the residential or commercial property occasionally for as little as cents on the dollar.