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Tax liens interest rates?

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12:50 pm
April 5, 2009

john2

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How do the tax lien certificates work? Do they yield a yearly interest rate if the property owner doesn't pay his taxes back?

1:25 pm
April 5, 2009

Josh

Member

posts 158

Yes, there is a yearly interest rate assigned to tax liens, but you will only get that money when the taxpayer pays off the taxes. If they don't pay the taxes, then you could foreclose on the property. This is quite a simple way of looking at the whole process; you should familiarize yourself with all the details.

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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 1978 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)