Forum : Tax liens and the risk associated with buying them.

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Tax liens and the risk associated with buying them.

UserPost

12:51 pm
April 16, 2009


mje100

Guest

1

Tax liens and the risk associated with buying them.
Can someone give me an idea as to how safe is investing in tax liens? Thanks

12:59 pm
April 16, 2009


jozzy111

Member

posts 131

2

Where I live 98% of the people pay their taxes, which means that your investment is 98% guaranteed.

1:01 pm
April 16, 2009


DragonDust

Member

posts 172

3

It is much safer than many other type of investment, and then again you shouldn't put all your eggs in one basket. The most important thing IMO is to properly research the property – in some (rare) cases you might end up owning property and be liable for previous environmental contamination, etc.

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