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If you are an investor who looking for safest investment and more profits as return, then purchasing tax lien certificate is the right choice for you. This is the one kind of business that put your money to work. For more details, visit on http://completerealestateblog.bravesites.com/entries/general/why-you-should-invest-in-tax-lien-certificate-
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Content • Introduction • Tax Lien Certificate • Benefits • How to make money out of Tax lien certificate • What else you need to know about tax lien certificate
Introduction • If you are an investor who looking for safest investment and more profits as return, then purchasing tax lien certificate is the right choice for you. • This is the one kind of business that put your money to work. • Investing your fund by the law is 100% predictable and recession proof.
Tax Lien Certificate • The government provide tax lien certificate for investor against the property if an owner fails to pay his taxes on the certain property. • The government allows the investor to buy the unpaid taxes in exchange for a tax lien certificate.
Benefits • The investor can earn up to 36 percent interest. The owner of the property is provided with redemption period to pay back his taxes and penalty amount for the property. • The redemption period will differ based on every state. • In many states, the redemption period is of 22 months and the interest rate can reach up to 18 – 36 percent.
How to make money out of Tax lien certificate • By purchasing tax lien certificateyou are gaining a legal claim to property until the owner of the property pay his tax. • There are 2 possible end results from buying tax lien certificate: • One is the owner of the property will pay the unpaid taxes along with his penalty amount. • Another one is if the owner doesn’t pay his unpaid taxes and penalty amount during his redemption period then you can apply for ownership of the property.
What else you need to know about tax lien certificate • In along with knowing the benefits from buying tax lien certificate, you also need to know the process of entering the business. • You need to know how to buy tax lien certificate, where to buy and the property you are planning to buy is the right one; because the property decides your profit.