J*******Z
发帖数: 528 | 1 Buying a property at a Tax Lien Auction REALLY!
Homes on the auction block
Tax collectors in 29 states, Washington, D.C., Puerto Rico and the U.S.
Virgin Islands use tax lien sales to force owners to pay unpaid property
taxes. "It's a method for people responsible for collecting property taxes
to make everyone pay their fair share," says James Hughes, president of SRI
Inc. in Indianapolis, who's represented governments in tax lien sales for 20
years. "If there were no enforcement, nobody would pay their property taxes
."
The process varies by state, but here's how it generally works: When
property owners don't pony up for their property taxes, tax collectors wait
the time period required by state law and then put those unpaid property
taxes up for auction. "The time period varies from just a few months to
several years," says Hughes. "In Florida, if owners don't pay taxes due in
April, tax collectors will sell a lien June 1. In Indiana, it's about 15
months before a property goes to a tax sale."
In most states, the person willing to pay the most cash for the tax lien
wins the auction. Some states, however, have a bid-down process, where
investors' bids indicate how much interest they're willing to accept on
their investment, and the lowest bidder wins. Whatever method is used, the
tax collector takes the payment for the overdue taxes from the winning bid.
In exchange, the purchaser gets a lien on the property.
As the winning bidder, you'd get a return on your investment in one of two
ways: interest on your bid amount, or ownership of the property.
1. Interest on your bid amount. If owners redeem their property by paying
the overdue taxes within the time allowed under state law, you'll get your
investment capital back, plus the amount of interest allowed in your state.
"Tax lien sales are good investments because they usually have a statutory
interest rate, typically between 10 and 12 percent," says Walter Spader, an
attorney at the Marcus Law Firm in North Branford, Conn., who represents tax
lien purchasers. They can go much higher, too. For example, Connecticut
offers 18 percent, and Nebraska offers 14 percent. Assume Joe Smith, an
Indiana homeowner, owes $500 in unpaid property taxes. Your $5,000 offer is
the winning bid at the auction. If Smith redeems his property within a year,
as required under Indiana law, he'll owe the tax collector the initial $500
, plus a 10 percent penalty, totaling $550. He'll also be required to pay 10
percent interest on the amount of the bid over the initial tax bill, or $
450. As the winning bidder, you'll get your capital investment of $5,000
back, plus that 10 percent interest payment of $450.
2. Ownership of the property. About 75 percent of owners redeem their
property within a year. However, if owners fail to redeem their property,
you'll have to file a lawsuit seeking title to the property. That process
can be complicated, costly and time-consuming, but once it's complete, you
take ownership.
The next Tax Lien Auction in San Diego will be held at Wednesday March 13,
2013 @ 9:00 am. If you would like to bid you must register to bid by 3.11.
2013. Check this website for more info: http://www.sdtreastax.com/property-tax-sales.html
个人非常感兴趣, 只是缺时间去亲身做, 如你有经验或打算去做,希望交流. 谢谢.
Jennifer Zheng
Abacus Properties Inc
DRE#: 01450123
j*****************[email protected]
858-344-8478 | O***n
发帖数: 13127 | 2 If you over promote yourself here, you will get negative effect
SRI
20
taxes
【在 J*******Z 的大作中提到】
: Buying a property at a Tax Lien Auction REALLY!
: Homes on the auction block
: Tax collectors in 29 states, Washington, D.C., Puerto Rico and the U.S.
: Virgin Islands use tax lien sales to force owners to pay unpaid property
: taxes. "It's a method for people responsible for collecting property taxes
: to make everyone pay their fair share," says James Hughes, president of SRI
: Inc. in Indianapolis, who's represented governments in tax lien sales for 20
: years. "If there were no enforcement, nobody would pay their property taxes
: ."
: The process varies by state, but here's how it generally works: When
| J*******Z
发帖数: 528 | 3 Sorry Ogden, but what I've posted is FYI information, not promotion :-)
【在 O***n 的大作中提到】
: If you over promote yourself here, you will get negative effect
:
: SRI
: 20
: taxes
| e*********u
发帖数: 3591 | 4 Thanks for the information. Will give it a try.
Printed the form at
http://www.sdtreastax.com/tax-sale-forms.html#fillin
SRI
20
taxes
【在 J*******Z 的大作中提到】
: Buying a property at a Tax Lien Auction REALLY!
: Homes on the auction block
: Tax collectors in 29 states, Washington, D.C., Puerto Rico and the U.S.
: Virgin Islands use tax lien sales to force owners to pay unpaid property
: taxes. "It's a method for people responsible for collecting property taxes
: to make everyone pay their fair share," says James Hughes, president of SRI
: Inc. in Indianapolis, who's represented governments in tax lien sales for 20
: years. "If there were no enforcement, nobody would pay their property taxes
: ."
: The process varies by state, but here's how it generally works: When
| p********g
发帖数: 372 | | s******d
发帖数: 2568 | 6 哈哈这种一般只有有闲有钱老油条才会去, 新手最多就感觉下气氛. 除非你要拿钱砸人
. 就算你砸到了,你看得上的大都也拿不到. 大多owner 会去补交tax.
否则班上那么多砖家都蜂拥而去了.
对偏远荒地有兴趣的到不妨一试.
【在 e*********u 的大作中提到】
: Thanks for the information. Will give it a try.
: Printed the form at
: http://www.sdtreastax.com/tax-sale-forms.html#fillin
:
: SRI
: 20
: taxes
| t*Q
发帖数: 7840 | 7 都有些啥东西？比如说房子？
【在 s******d 的大作中提到】
: 哈哈这种一般只有有闲有钱老油条才会去, 新手最多就感觉下气氛. 除非你要拿钱砸人
: . 就算你砸到了,你看得上的大都也拿不到. 大多owner 会去补交tax.
: 否则班上那么多砖家都蜂拥而去了.
: 对偏远荒地有兴趣的到不妨一试.
| e*********u
发帖数: 3591 | 8 回头找版上ID化点伪币去砸人。
如果砸下来了，owner就算补交tax，也是要付蛮高利息的，如果不补交，就可以
打官司把房子拿下来，都还不错，就是麻烦些。
【在 s******d 的大作中提到】
: 哈哈这种一般只有有闲有钱老油条才会去, 新手最多就感觉下气氛. 除非你要拿钱砸人
: . 就算你砸到了,你看得上的大都也拿不到. 大多owner 会去补交tax.
: 否则班上那么多砖家都蜂拥而去了.
: 对偏远荒地有兴趣的到不妨一试.
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