Sort by time | Sort by thread (beta)
- Your queue is empty. Add videos to your queue using this button:
or sign in to load a different list.
Loading...Saving...
Loading...Saving...
This has been flagged as spam show
Sure there are liens out there that can earn 18% more or less, but most places in the US, the interest accrues around 1.3 1.5% monthly starting at time of purchase, until it reaches its potential 18% after one year of purchasing the lien. The big issue often is that any lien on a property with anything generally redeems one or two months after purchasing making your investment not worth your effort.
blu9sky 3 months ago
This has been flagged as spam show
Another thing that Saen doesn't tell you, is that counties usually will charge you a tax lien purchase fee of $10 or even $25 for the lien you buy, and NO that fee does not accrue interest. So in the end you earn little to nothing, if you didn't actually loose.
blu9sky 3 months ago
Many times buying liens of any value after they have gone to auction is difficult to do. Generally the good ones are snatched up at auction by big investors, investment companies or big banks and in bulk after working out a deal with the county.
blu9sky 3 months ago
This has been flagged as spam show
And yes, if there is still an outstanding mortgage on the property, the tax lien, being a federal lien does override the mortgage lien as Saen teaches, that is why mortgage companies pay somewhat close attention to property tax lien and will pay them off before it ever gets to the point of going to a tax lien auction.
blu9sky 3 months ago