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who owns the house?
So if a homeowner defaults on thier mortgage and the lien is primary and held by an investor. would the investor own the home? what happens to the mortgage?
Posted:
Jan 3 2010, 11:38 AM EST by Anonymous
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Tax Lien Investing
Have you ever wonder why some Real Estate Investors make it BIG! Make it to be a Millionaire! How is it possible for a simple person? Why them - but not you? The answer is simple! Many of them invest in Tax Liens.
Each year a county issues Tax Liens when an owner of a property doesn’t pay his or her taxes. The owner has to pay a penalty on top of owed taxes. Well, it’s a penalty for the owner of the property but a profit for the investor! So Tax Lien Certificate is a simply a loan to the owner of the property. In return you’ll get a hefty 18% profit a year on your investment. It’s much better then your regular CD in your local bank with only about 3%-4% APR or even better then a volatile stock market, where you would possibly make an average of 10% of a return a year. But it’s even getting better! There is a win-win outcome from both ways. You can own a property through a Tax Lien! How? If an owner of a property doesn’t pay his or her taxes for two years, you are eligible to apply for a tax deed and gain a title to the property! That’s not to double or triple, or even quadruple your money. That’s making almost 90-96 times of a profit on your investment!
http://www.primereinvestment.net16.net
Posted:
Nov 24 2009, 4:46 PM EST by Anonymous
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Tax Liens
Upon beginning its decline in 2000 trillions of dollars were pulled out of the stock market as investors began to pursue options that were not exposed to the equity markets. The real estate market was a large beneficiary of the money flowing out of
Last updated:
Jul 8 2011, 6:46 AM EDT by
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