Forum : Why is the tax lien interest rate bid down so low?

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Why is the tax lien interest rate bid down so low?

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5:15 am
April 20, 2009

kutet

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At some auctions the interest rate is bid down really low, why is that?

5:36 am
April 20, 2009

Josh

Member

posts 158

This usually happens when there is a penalty attached to the lien as well, you might not earn much from the interest rate, but you will get 4-6% on top of it, plus you can pay the subsequent taxes and earn the maximum interest rate on them.

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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)