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Bid down question?

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6:02 am
April 15, 2009

jam-guru

Guest

Say the state charges 15% interest the homeowner, but the interest rate is bid down to 10%. Where do the remaining 5% go to?

10:04 am
April 15, 2009

jozzy111

Member

posts 131

10% will be paid to the tax lien holder, and the remaining 5% to the county.

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About the Tax Lien Investing | National Organization of Tax Lien Investors forum

Most Users Ever Online:

Currently Online:

5 Guests

Forum Stats:

Groups: 2

Forums: 6

Topics: 420

Posts: 1028

Membership:

There are 1965 Members

There have been 350 Guests

There are 2 Admins

There are 0 Moderators

Top Posters:

DragonDust – 172

Josh – 158

S_Johnson – 133

jozzy111 – 131

sniper – 7

mshatty – 1

Administrators: admin (18 Posts), banner (0 Posts)