Forum : What's the down side of investing in tax liens?

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What’s the down side of investing in tax liens?

UserPost

5:15 am
April 20, 2009


Pronetg

Guest

1

What’s the down side of investing in tax liens?

5:34 am
April 20, 2009


DragonDust

Member

posts 172

2

In case the owner doesn't pay taxes you might foreclose the property, but in some cases that will cost you even more money.

5:36 am
April 20, 2009


DragonDust

Member

posts 172

3

You should always follow the rules of your jurisdiction – failure to follow them will result in loss of claim.

5:37 am
April 20, 2009


jozzy111

Member

posts 131

4

Your money is “locked” – you can sell shares at any time, in the case of tax liens you'll have to wait to get paid.

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