Tax Lien Anyone have experience with such deals? I will be happy for emphases, advantages, disadvantages
Tax Lien
Does anyone have experience with such transactions?
I will be happy for the emphases,
Weaknesses..
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I have experience, what is the question?
I have quite a bit of experience. Colorado (Denver area) and Florida (Tampa region).
In the past, I gave a lecture on the subject over an hour that she has explained and explained from experience (the lecture is paid).
I would be happy to forward to Nick but I do not want to go over the rules of the forum.
In any case, there are lots of videos on YouTube.
I can only say that I took a few good months to research the subject in depth and then I started buying these “bonds” but to my amazement all the books and lectures teach up to the point of buying the bond and not what happens after.
Not in all cases but much, when there is tax lein, there is a possibility that there will be both an unpaid mortgage and sometimes a HOA (all in all makes sense if they do not have money to pay bills). In order not to buy all their debts, it is best to do a thorough examination with a lawyer.