Forum : What are the downsides when dealing in Tax Liens?

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What are the downsides when dealing in Tax Liens?

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3:00 am
April 6, 2009

Jacquy

Guest

Everybody talks about buying houses for $0.15-$0.20 on the dollar, but they don't talk about the negative aspects of this business.

3:45 am
April 6, 2009

DragonDust

Member

posts 172

The tax liens doesn’t mean that you own the property, you only own a lien that may be behind federal tax liens, state tax liens, or special assessments.

3:46 am
April 6, 2009

Josh

Member

posts 158

That's right, only if the property goes to foreclosure, you night become the owner, and this actually rarely happens!

3:47 am
April 6, 2009

S_Johnson

Member

posts 133

I treat buying tax lien as an investment, in many states you will receive %15-18%, even more.

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Most Users Ever Online: 32 Currently Online: 8 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
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About the Tax Lien Investing | National Organization of Tax Lien Investors forum

Most Users Ever Online:

Currently Online:

8 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)