Are Tax Liens A Safe Investment

Is Tax Lien Investing A Good Idea

Investing in tax obligation liens through acquisitions at a tax lien sale is simply that-an investment. All Tax Obligation Sales in Colorado are carried out per CRS 39-11-101 thru 39-12-113 Adhering to the tax lien sale, successful bidders will get a duplicate of the tax lien certificate of purchase for each home. Spending in tax liens with purchase at the tax obligation lien sale is simply that, a financial investment.

Is Tax Liens A Good Investment

When a home owner falls behind in paying property taxes, the county or municipality may put tax obligation lien against the property. Instead of waiting for repayment of taxes, governments often decide to market tax obligation lien certifications to exclusive capitalists. Your income from a tax lien investment will come from one of two sources: Either rate of interest payments and late costs paid by house owners, or foreclosure on the home occasionally for as little as cents on the buck.