Forum : Tax liens sold in a bid down auction?

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Tax liens sold in a bid down auction?

UserPost

4:33 am
April 17, 2009


eports

Guest

1

How do I know what the % of return is when buying tax liens at a bid down auction?

5:18 am
April 17, 2009


DragonDust

Member

posts 172

2

It depends on how far is the interest bid down. Let's say that the auction starts with 16% and is bid down to 10% – if you win that lien, then the interest rate would be 10%.

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