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Buck the trend-The smart money is going to creative real estate investing!

By: Melford & Concetta Bibens
 

The doom and gloom that you hear on the TV everyday about foreclosures, difficult lending parameters, massive sell-offs, and short sales has peaked the interest of smart investors nationwide.

While people with the capital and credit to take advantage of this turbulent time are making money hand over fist, what about normal folks like us?

What is the secret to making a killing in this perfect storm of real estate upheaval?

Three words-Tax Lien Investing!

We are blessed with the best time in history to buy and profit from tax lien certificates.

When people have either over-bought or have had a financial down turn, they often lose the ability to pay their mortgage. While this is horrible-it is a fact of life, a fact that we see splashed all over the news every darn day!

One very important factor in this inability to pay the mortgage is that these poor folks will also no longer be able to pay their property tax to the county.

While you may have the chance to get an extension from your bank, the government wants their money!

The money the county tax assessor collects goes to fire services, police departments, road maintenance, etc. So needless to say, we want them to get their money too.

When people don’t pay their property tax for a year, the county has the right to auction off the lien (in most states) on that property to collect the delinquent taxes.

This is where the smart investor steps in!

Not only do you get an ultra high interest rate, up to 50% and beyond, but if the property owner does not pay the taxes within the granted time period (as short as 4 months)…you have the GOVERNMENTALLY enforced right to foreclose on the homes and property!

In a nutshell this mean for literally pennies on the dollar ie., the cost of the tax lien certificate, you get a house, business, and/or land!

Most tax lien certificate can be had for less than $3000; many can be bought for less than $500. That’s right you can get a house with NO MORTGAGE for less than $500!!!

Now that is a brilliant investment strategy that ANYONE can afford.

No stock market speculating, no high dollar-high stakes house flipping, no slow-or-no growth bond investing.

If you lose all your money in the stock market or get stuck with a house that you thought was a great investment, no one is going to step in to get your money back.

You'll find that the big, bad world of investing allows you very few safety nets.

Tax lien certificate investing is just about the only investment vehicle that will provide you with a governmentally guaranteed investment that at worst pays you ultra high interest and at best gets you a DEBT FREE property for pennies on the dollar.

The county office collects the initial investment as well as the interest on your behalf-then they mail you a check or better yet you get a notice the the debt was not paid and you can now start foreclosure preceding.

If this sounds good to you (and how could it not?) you owe it to your self to learn the ins and outs of tax lien certificate investing!

Article Source: Main Articles

Melford & Concetta Bibens are the authors of www.taxliensmadeeasy.com, THE comprehensive guide to Tax Lien Investing in the 21st Century. Melford & Concetta own the Premier Natural Medical Wellness Center in Georgia as well as a Fitness Center and Day Spa in New York.

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