Tax Lien Certifications

    Just getting introduced to it, and no I didn't purchase any stinking home shopping club kit.. I am sincerely looking into it, by county, by state, etc.. Anyone else, looked at it..

My initial take on it, it can be profitable, but you still need to know and share those potential profits with those who already know. 

Come on fellas .. there are sweet deals available if you know where to look.. an infomercial told me.  =)

Realistically, there is opportunity, I think the philosophy stems from Napoleon Hill's books.  Whenever the price of something is going down, then the price of something else is increasing.  The Markets breathe, inhale and exhale.  C'mon brethren let's work together.

Lots of property tax liens are being issued this year nationwide.  I do feel for the families, that signed on for subprime rates.  Each state is different.  Hell, each County is different.  I only know L.A. County and barely at that, but, TIME to get busy living or time to get busy dying.  Write down your financial goals, focus, and achieve.  Then write down some more goals. 

I need my own non-profit org, I have too much energy. LOL

Regards

-Wiz

I do remotely recall in my research that the state of AZ, sells tax lien certs (auction, they do this on-line even) in the first week of February, they pay 16% on your invested tax liens, one may want to look into it.

P.S. Obviously was hoping someone else had taken a look at this.  If not please look. 

WallStreet, I remotely recall that you know that area .. you ready to gear up for Feb 2008?

Wiz,

I dont think so..with all the foreclosures going on and the terrible market, you could be sitting on a dead cert for a long time.

Houses in my decent part of town are on the market 9 months, a year, longer..

Market is dead dead down here..

I would rather try and buy a darn good deal on a foreclosure and hold it to gain appreciation longer term than own a tax cert..  

Point taken. will revisit in 6 months!