Unlike buying a whole house, you can start with as little as a few hundred dollars. The Risks and Realities
You earn a fixed interest rate on your outlay. If the owner "redeems" the lien (pays the back taxes), you get your principal plus the accrued interest. is buying tax liens a good investment
Despite the high potential returns, there are several "traps" for the unwary: What Is Tax Lien Investing and Is It Worth the Risk? Unlike buying a whole house, you can start
When a property owner fails to pay their taxes, the local municipality issues a for the amount owed. To recoup its revenue, the government auctions these certificates to private investors. Unlike buying a whole house
You pay the delinquent tax bill on behalf of the owner.