Hello aniemeier - Thank yu for weighing in on the subject matter of Tax lien Certificates. Yes, I do know - thanks for putting it on the Forum. The Interest on the tax lien cerificate is mandated by each state - is a fixed rate, and the reason people buy the Tax Lien Certificates is because of the very high rate of return. As you mentioned average is 16 - 24%.  Is there bidding on the interest rate???

I am investing in the tax liens, or tax deeds, as they are called in Delaware for the high rate of return....

Aniemeier_ Since the homeowner has 3 years to pay the taxes, if they do not pay and new taxes are due - WE the tax certificate holder are responsible for paying those taxes????  That is my understanding.  As you have actually done this - is my information correct??? Kindly reply. Thank you.

Or anyone with experieince- kindly weigh in.