How Do You Buy Government Owned Tax Lien Homes?
Properties with tax liens are sold regularly throughout the United States. Rules vary by jurisdiction, but a lien generally is filed when a homeowner does not pay property taxes. Government agencies (often a city or county entity) hold public auctions and sell liens. After you purchase a tax lien, ownership of the lien is transferred from the government to you, which means that the property owner must pay you. By purchasing a lien at a discounted price, you can earn a high return on your investment when the lien is paid in full. Narrow your search parameters, as you can find tax lien sales locally, regionally, and nationally. Institutional investors like lienbaron.com and real estate attorneys can provide support, such as by increasing your purchase power and identifying local rules, though you must pay for their services. Determine when and how government sales are held. Depending on the location, sales might be held at a local office or online on a weekly, monthly, or annual basis. F
