Buying Liens - On Property
: Sign up for the auction and have your funds ready; payment is usually due within 24–72 hours of winning.
: To recoup lost revenue, the government auctions these liens to private investors. buying liens on property
: Rates are often much higher than standard savings accounts or CDs. : Sign up for the auction and have
: Your cash is tied up for the duration of the redemption period. buying liens on property
: Owners have a specific timeframe (often 1–3 years) to pay you back the taxes plus interest and penalties. Two Possible Outcomes :
: Investors compete by offering the lowest interest rate they are willing to accept.
: The owner pays, and you receive your principal back plus interest.