Interesting that she spends 7 minutes explaining why tax sales are bad, yet she readily mentions going to those tax sales ... I bet she's desperately trying to stop competition from out-bidding her!
@studentoflife01 I'm not certain about this. Most likely what will happen is that the bank will pay the lien because they are the true owners of the house and they will not let all of that value leave their books if the house is or can be a performing asset. Once the bank pays the lien off, they foreclose on it (instead of you doing that) and make all the difference $ between. Banks are reckless with risk, not stupid...
i was told also and done some research, that you dont have to pay mortgage. plus mortgage and property taxes are two separate entities, the reason its going up for auction is because the delinquent property taxes, not because of the mortgage. morgage equals bank and property taxes equals county. well this is what i have researched so far, maybe in CA its different. but i surely wouldnt pay their taxes and morgage, minds as well get a house
What are the chances of finding a property that does NOT have a junior lien against it. Its not likely at all. It ALL depends on the state and the COUNTY this is specific to Cali. I live in Texas and it is VERY profitable to invest in tax deeds. Your invest is covered in almost every way. Please don't give general information about ONE state, county, and one case of high minimum bids. This info should not be taken as general guidelines for every state!!!!
hello... ive been interested in real estate since i was about 17... im now 21 and want 2 take a few steps forward but im very nervous i have a spouse and kids so cant afford screw ups lol great videos..looking 4 help!!!!! i live in mass is it worth it??
I definitely did not see the sales pitch coming in.
jeanogreen1 1 month ago
Interesting that she spends 7 minutes explaining why tax sales are bad, yet she readily mentions going to those tax sales ... I bet she's desperately trying to stop competition from out-bidding her!
mpbaker22 1 month ago
lol nothing is Free in this World. I really thought she was trying to Help people but she's saleing somthing like everyone else.
Shalonosodope 2 months ago
@studentoflife01 I'm not certain about this. Most likely what will happen is that the bank will pay the lien because they are the true owners of the house and they will not let all of that value leave their books if the house is or can be a performing asset. Once the bank pays the lien off, they foreclose on it (instead of you doing that) and make all the difference $ between. Banks are reckless with risk, not stupid...
fububalla 5 months ago
i was told also and done some research, that you dont have to pay mortgage. plus mortgage and property taxes are two separate entities, the reason its going up for auction is because the delinquent property taxes, not because of the mortgage. morgage equals bank and property taxes equals county. well this is what i have researched so far, maybe in CA its different. but i surely wouldnt pay their taxes and morgage, minds as well get a house
niasiac 7 months ago
Not all of us live in CA, please give more general information. I live on the East Coast. Thanks!
cma3377 9 months ago
Hey taxlienlady! I was told on an infomercial that the mortage goes away if you buy a tax lein and the property transfers to you isn't that true?
studentoflife01 11 months ago
What are the chances of finding a property that does NOT have a junior lien against it. Its not likely at all. It ALL depends on the state and the COUNTY this is specific to Cali. I live in Texas and it is VERY profitable to invest in tax deeds. Your invest is covered in almost every way. Please don't give general information about ONE state, county, and one case of high minimum bids. This info should not be taken as general guidelines for every state!!!!
cvas282 2 years ago
hello... ive been interested in real estate since i was about 17... im now 21 and want 2 take a few steps forward but im very nervous i have a spouse and kids so cant afford screw ups lol great videos..looking 4 help!!!!! i live in mass is it worth it??
edgardospainting 2 years ago