Forum : Buying tax lien property - too good to be true?

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Buying tax lien property – too good to be true?

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12:47 pm
April 10, 2009

impact-pro

Guest

I just watched a program and I don't think that it is that easy – like buying house for ten times less that is worth.

1:00 pm
April 10, 2009

DragonDust

Member

posts 172

Well, it is too good to be true In most cases this is done simply for earning the interest rate, getting the property (unless it is worthless) is very rare.

1:00 pm
April 10, 2009

S_Johnson

Member

posts 133

Only in less than 1% percent you would end up owning the property.

1:01 pm
April 10, 2009

jozzy111

Member

posts 131

The idea of purchasing tax liens is to get your money back that plus the interest earned. In rare cases you might be bale to pick up property at a discounted price.

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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)