This is the safest and most lucrative investment in America today. IS NEW JERSEY A TAX LIEN OR TAX DEED STATE? – A SAFE INVESTMENT That right is this, if the property owner doesn’t pay you and buy your certificate back, you’re going to get the property. All you have is a right in that property. When you buy a tax lien, you do not get the property. It will continue all the way down to one quarter of one percent. It starts at 18, goes to 17 and a half, then 17, then 16 and a half, and so on. No one’s going to tell you about this, but I’ll tell you right now before you go to the auction it’s a down bidding process. IS NEW JERSEY A TAX LIEN OR TAX DEED STATE? – THE DOWN-BIDDING PROCESS I like to buy them because I know I can make up to 18% in New Jersey. When they sell the lien, anybody can buy it. It simply says, “If you don’t pay the property tax, they’re going to sell the lien.” What is that piece of paper? It’s a lien against the property. How do they work? Well, tax liens work one way. In a place like New Jersey, don’t be surprised if statewide they have 20,000, 30,000, or even 40,000 tax lien certificates. IS NEW JERSEY A TAX LIEN OR TAX DEED STATE? – HOW TAX LIEN CERTIFICATES WORK Generally speaking, there are going to be thousands and thousands of tax lien certificates. The county issues a tax lien because you haven’t paid your taxes, and now the property is in default. The county doesn’t have money, what are they going to do? That’s how the tax lien came about. Now, let’s think about this a little bit. So, the county has a lot of different bills to pay. What about the school teachers? They’re all paid by the county. The problem simply is this: now they’re not going to be able to pay the police, the fire department, fix the roads, and pay for the hospitals. Of course, the tax delinquent property owner had a problem, but now at the county they have a problem too. When they don’t pay that tax, there’s a problem at the county. Thousands of property owners are not going to pay their tax. If your property went to tax auction, it would be as a result of not paying taxes. I think it’s important to understand the difference between tax liens and tax deeds, so let me take a minute and explain that. IS NEW JERSEY A TAX LIEN OR TAX DEED STATE? – TAX LIENS VS TAX DEEDS Want to learn more about bargain real estate? Would you like to buy nice homes for pennies on the dollar, and without a mortgage? Or earn outrageous interest rates secured by real estate? Then you don’t want to miss the FREE Master Class. The largest counties are where you’re going to find a lot of tax lien certificates. Now, keep in mind per annum means you only get a percent and a half every single month. Tax liens are what they sell in New Jersey. Is New Jersey a tax lien or tax deed state? Surprise, surprise. You’ll learn what the risks are and how to make some pretty big money. What you’re going to learn is going to surprise you, not only surprise you, but you’re going to learn the reason why you want to buy tax lien certificates. I’m also going to give you some tips about how to make money, and in addition to that, I’m going to show you the mistakes that you want to avoid. I’m Ted Thomas, and today I’m going to answer the question, “Is New Jersey a tax lien or tax deed state?” Is New Jersey a tax lien or tax deed state, and what’s the difference between a tax lien or a tax deed state? Find out, and learn how you can profit in New Jersey! IS NEW JERSEY A TAX LIEN OR TAX DEED STATE?
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