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Buying tax liens question

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2:27 pm
April 4, 2009


David

Guest

1

What are the benefits of buying tax liens question; can you guys give me some more info? Thanks

1:39 pm
April 5, 2009


Josh

Member

posts 158

2

In simple terms – If the owners of the property continue not to pay the property tax, you get a deed in 7 years.
If they do pay up, you get all your money back plus the interest (could be up to 16%). That is a benefit.

You should know that there are many drawbacks too – many of the properties are in awful shape.

1:40 pm
April 5, 2009


DragonDust

Member

posts 172

3

In some cases you can obtain property cheaply!!!

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