To AROUND-THE WORLD:  My progress is the following: I called to get the date of the next "tax Deed" sale today. It is August 12. I can obtain the list for sale for $10.00 fee.  I hope and plan to buy my first Tax- Deed" (Delaware is a tax-deed state a opposed to "tax-certificate ) . The redemption ...

The Lender may be able to go after the owner, who failed to pay his taxes, and lost his property in sale to another - for the Deficiet Balance. His headache not yours. Obtained a property through a tax sale - must check on Clear Title before you purchase (Due Dilligence) In a Bank forclosure, for non-payment of mortgage, the ...

Hello Aniemeier, Thank you for commenting - especially since you have actually done it. Yu stated "guaranteed payback with interest"- I understand the interest return received IF they pay the back taxes.  It appears tht if homeowner does NOT pay their back taxes, yu woud end up with a property????? Kindly weigh in on your first ...

To AroundTheWorld- The article is in the forum "Property Tax Foreclosures"   ANYONE who wants to know how it works, this article goes thru the procedure at end of article. Remember every county has its particular rules and procedures.

Hello tlasbill -   I will give you a Hint- you are seeking information - how about the information highway.? Research of my sorts, is always a part of investing. Have fun.

to Around The World- Great, Sounds exciting. From the information I have gathered, it is not very often that you actually become the owner of the property - as the mortgage lender often steps in to pay the taxes. See the title of the article , so yu can look it up on the Internet and read full article on this subject matter. It is posted on the ...

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 ...

P.S. - Accordingly, Robert Kiyosaki, author of Rich Man Poor Man, on pg 148, has small portfolio in tax liens and earns 16%. this information obtained on Internet.   Additionaly, I worked for a successful Real Estate Investment company and they had a small portfolio in Tax Liens.

I just researched the Internet on this specific subject and obtained the following information:  "A common myth promoted at some real-estate seminars is that tax liens are an easy path to acquiring properties on the cheap. That almost never happens, treasurers said. Even in a foreclosure, mortgage lenders will step in to make good ...

Real Estate Investing - I am looking into the possibility of buying tax lien certificates. I have an understanding of them. Can anyone share some insight of their experience? Second, I live in a tax deed state. Any information kindly appreciated. Thanks