Top real estate experts reveal the ins and outs of tax liens This comprehensive, step-by-step guide shows investors how to invest profitably in real estate tax liens. Husband-and-wife real estate consultants and respected real estate authors Chantal and Bill Carey present everything investors need to know to profit from tax liens. When homeowners fail to pay their taxes, the taxing authority will foreclose on the property and auction it to the highest bidder. Great prices are easy to come by and big profits are common. With Make Money in Real Estate Tax Liens, novice and experienced investors alike will have a comprehensive, reliable guide to these profitable deals.
Table of Contents
Preface. Introduction. 1. What Are Real Estate Tax Liens? Government claims against property for unpaid taxes are called tax liens. 2. Who Files Real Estate Tax Liens? Real estate tax liens can be federal, state, or local. 3. Super--High Returns with Super--Low Risks. 10 percent to 50 percent returns are guaranteed when you buy real estate tax liens. 4. Why Buy Real Estate Tax Liens? Buy real estate tax liens to make money. 5. How to Buy Real Estate Tax Liens. Figure out the real estate paperwork, then buy real estate tax liens. 6. When to Buy Real Estate Tax Liens. Buy real estate tax liens after you have completed the preparation process. 7. Where to Buy Real Estate Tax Liens. Almost every area in the tax lien states or provinces has tax sales every year. 8. How to Turn Your Real Estate Tax Liens into a Gold Mine. Assign your tax lien certificates to other investors for a big profit. 9. Foreclosing on Your Real Estate Tax Liens. You have the power of foreclosure if you are not paid in a timely manner. 10. How to Cash in on Your Real Estate Tax Liens. Communication is the name of the redemption game. 11. Money Partners. Find money partners to fund your great deals. 12. Buying Real Estate Tax Liens with Retirement Dollars. Use your retirement dollars to fund your investments. 13. Bankruptcy and Other Problems. What do you do when the taxpayer declares bankruptcy? 14. Tax Lien States. The states where you can buy real estate tax liens. 15. Tax Deed States. The states where you can get the deed to the property. Conclusion. Appendix A: Deeds Chart. Appendix B: Loans Chart. Appendix C: Contracts and Paperwork. Glossary. Index.
CHANTAL HOWELL CAREY, a member of Zonta International, has handled millions in real estate sales and management as a broker, consultant, and trustee. BILL CAREY has been a realtor and a former director of the California Association of Realtors as well as a tax consultant and a frequent speaker at real estate seminars. The Careys are also the authors of How to Sell Your Home Without a Broker, The New Path to Real Estate Wealth, and Quick Cash in Foreclosures, all from Wiley.