Profit by Investing in Real Estate Tax Liens: Earn Security, Secured, and Fixed Returns Every Time

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Produced by DescriptionProfit Investing in Real Estate Tax Liens introduces an investment alternative that is safe, secured by real estate, administered by the Government, does not include brokers, is enforced by state law, and gives fixed returns . Selling tax liens or tax deeds (by state) are the two ways that counties across the country provide outstanding property taxes up-to-date. This investment is one of the least publicized and safest ways to invest in real estate, designed to give the investor either a fixed return, as in the case of investing in tax liens, or property 10 to 50 cents on the dollar, as in the case of a sale deed. In most situations, the property is ultimately transferred free of any liens, like mortgages. Profit by Investing in Real Estate Tax Liens also debunks the common myth that the property tax in arrears are dilapidated and shows that the links exist on all types of property. Author Larry Loftis, an attorney and active investor, has purchased liens on properties owned by Julius "Dr. J" Erving, Hector "Macho" Camacho (world champion boxer), Chase Manhattan Bank, LaSalle National Bank and even a building whose main tenant of the local sheriff department! In this authoritative guide, Loftis helps investors avoid the pitfalls while answering all the key issues they need to consider: * What is the difference between investing in tax liens and tax deeds? * How does an investor go about bidding at tax sales? And what is the process? * What are the different requirements in each state? * Where are the biggest risks in this type of investment property? For investors willing to start the action plan Loftis provides details on the next steps, while examples of real life in every chapter bring the concepts down to earth. The second edition is updated and revised, including: * A new section on Internet use to buy links throughout the country. * New information and updates for tax and other laws affecting the purchase of tax liens. * Updated forms, contracts and letters.

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