Tax Deed Sales

Hey D.C. here,

I got this question from Bailey other day.

“Hey DC, Is it profitable to invest in Tax deeds?“

Ok Bailey, absolutely yes, it is very profitable. Every
homeowner must pay some sort of tax to the government for
the real property that they own. Tax deeds are sold in
almost every state throughout the United States.

Investing in tax liens and deeds can allow you to generate
extra income. Tax liens are imposed on a property by a
county, a state or government to ensure the payment of owed
taxes. If the taxes are not paid by the owner within a
specific period of time, the lien owner receives the
property.

A tax deed sale is the forced sale, of real estate for
nonpayment of taxes. Tax deed sales have been the method of
choice for many investors over the year. You can purchase
these properties for pennies on the dollar.

During the sale the property is usually sold for the amount
of the tax that is owed plus any fees, interest and court
costs. Tax deed sales are open to anyone who has the
ability to find out where and when they are going to be
held. Usually the auction is held and the home or property
will go to the highest bidder.

The government or tax collector will have to advertise the
property in the local newspaper. This ensures that they
have made every opportunity to notify the buyer as well as
get the best possible price for the property.

Tax deeds provide a nice opportunity for buyers to make a
profit and because of these opportunities many people buy
tax deeds as a full time job.

To your success,

P.S. Currently, Americans have misplaced $38 billion dollars
of their own money – and all they have to do to get it is to
claim it. But they don’t know they have lost it.

To give you some hard facts…there are 47,925 Californians
who have claims greater than $5,000 – the total owed to that
group alone is $622 million dollars – an average of just
under $13,000 each. That is just one state of 50.

www.dcfawcett.com/go

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