What Does Tax Lien Investing Mean

What Is Tax Lien Certificates Investing

Investing in tax liens through purchases at a tax lien sale is simply that-an investment. All Tax Obligation Sales in Colorado are performed per CRS 39-11-101 thru 39-12-113 Adhering to the tax lien sale, effective prospective buyers will certainly obtain a copy of the tax obligation lien certificate of acquisition for each residential or commercial property. Spending in tax liens with acquisition at the tax lien sale is just that, an investment.

Investing In Tax Lien Certificates

When a homeowner drops behind in paying residential property taxes, the area or town may position tax lien versus the property. Rather of waiting for repayment of taxes, governments occasionally decide to sell tax obligation lien certifications to private capitalists. Your revenue from a tax lien investment will come from one of 2 sources: Either passion payments and late fees paid by property owners, or foreclosure on the residential property often for as little as pennies on the buck.