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In part one we left off deciding whether or not we would drop the agreement for deed. In part two we will continue our scenario. Related Article Tags: , , , Whether tax lien investing or tax deed investing is better for you depends on the state that you live in and what your goals are. If you are looking to pick up property under market value than you are better off with tax deeds than with tax liens. If you do your homework and purchase tax liens on good properties, the chances of foreclosure are slim. Related Article Tags: , , , How would you like to be able to buy tax sale properties for less than what they would go for at the tax sale? And because you are purchasing the property from the owner, before the tax sale, you don’t have to worry about clearing the title. Related Article Tags: , , , This is the second article in a series about advanced strategies for buying tax delinquent properties. I talk more about Jack Bosch and his system for picking up properties before they get to tax auction. Before there is competition. Related Article Tags: , , , , Have you heard of agreement for deed but you’re not really sure if this would apply to you? Not really sure of how it would work for you? Related Article Tags: , , , How much money is enough? If you're using tax lien investing as a way to invest for the future, then you can get started with a couple of thousand dollars. But if you want to create an income from tax lien investing than you need to invest much more. Related Article Tags: , , , Say you have a great deal and you are just waiting to close it out. In fact, tomorrow your plan is to get the deed (if they are willing to give it to you). A deed to a property is an essential document passing ownership of a property from the seller to the buyer. There are several things to consider when deeding a property. Related Article Tags: , , , When you buy the house subject to, does that mean the seller doesn't care about their credit? Some sellers just don't. Related Article Tags: , , , , ,
Can a second mortgage holder force a foreclosure? This is a question you might be asking yourself if you are in this situation. Related Article Tags: , , , I finally figured out why I’ve been successful at investing in tax lien certificates, but have not been very successful at other types of real estate investing. All this time I thought it was just because there’s less money needed for tax lien investing than there is for most other types of real estate investing. But now I think that I’ve found out the real reason. It’s my negotiating and communication skills, or should I say lack thereof. Related Article Tags: , , , , Many people think that approaching the IRS to ask for a release of Lien is a negative or scary experience. Let's really think about what we're doing here. If you have obtained a property with a hefty tax lien, do you think you should really approach the IRS directly? Related Article Tags: , , The deed to a property is a legal document that establishes ownership. There are different types of deeds. Here is an overview of a quit claim deed. Related Article Tags: , , , , , , , , , , Once you've completed the first three steps in the process of building your profitable tax lien portfolio, you can progress to step four to building your profitable tax lien portfolio, which is doing due diligence on the properties in the sale. This is the most important step in the process and whether you do this properly or not could mean the difference between being extremely profitable and losing money. Read this article to find out why. Related Article Tags: , , , If you are in the market of purchasing or selling a home, it is likely that you will come across many different documents of a wide variety, each of these will likely have different uses, functions, and names associated with it. When selling or buying a home two documents that are misunderstood the most are called quit claim deed and warranty deed. People tend to believe that both forms are exactly alike, well I am here to tell you differently. Due diligence is the most important step in the process of investing in tax liens or tax deeds. Whether you do this correctly or not could mean the difference between being extremely profitable or loosing your investment. Learn more... Related Article Tags: , , , , , I believe that 2009 is the opportune time, both to get involved with tax lien or tax deed investing, if you've been sitting on the fence and to purchase investment real estate. The problem that I have found in learning how to invest in real estate without getting burnt is, that there are tons of programs out there. Related Article Tags: , , , Anyone who has had to go through a legal process (and that's practically everyone) knows that there is a plethora of papers involved. One of the most common types of legal papers is a quit claim deed. This is basically documentation that allows a person to give away his rights to a piece of property to another person or entity. In effect, the person who signs the quit claim deed transfers the right to ownership of that property to someone else. Related Article Tags: , , When selling a home, there are a few fundamental topics you need to understand. This brings us to the issue of the different types of deeds you will run into. Related Article Tags: , , , , , , , , , Here are some mistakes that can lower your rate of return in your tax lien or tax deed portfolio. These are mistakes that I, or one of my clients, or another investor that I know, has made in the process of investing of tax liens or tax deeds. I’m sharing them with you so that you do not make the same mistakes that we did when we were just beginning to invest in tax lien certificates and/or tax deeds. Hopefully you can learn from our mistakes. Related Article Tags: , , , ,
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