I am interested in purchasing property tax certificates in Cook County Illinois. I did not attend the tax sale auction, since I heard that there is too much competition that drives the interest rate to 0%, so I would like to buy a certificate in the secondary market or over the counter. I know that tax certificates are a good investment and tax buyers are very secretive and uncooperative to competition. Is there anybody that resells tax certificate in Chicago or Cook County? I am looking for certificates that will probably not be redeemed, so I can file a tax deed petition on them. Thanks much for your answers.
I’m an experienced foreclosure investor, and generally know the risks of buying foreclosed properties at auction. However, there is a property I’d like to purchase that has a substantial tax lien attached to it, and I’m not sure how much I should take that into consideration. Exactly how often does the IRS exercise its redemption rights in foreclosed properties? Are there any particular factors that make the IRS more inclined to redeem a particular property?
Lets say I buy a certificate ate an auction I do not pay for any subsequents during the following year and I am waiting for the next years auction to be a prior bidder.
But during the year the tax payer comes in and pays the subsequent taxes that were due during that year.
Where do I stand.
Thanks
Mark
P.S. Here is the Best Course for Investing In Tax Lien Certificates And Tax Deeds. Audios, Manual, and Resources. Click Here!
www.taxsales.com Real Estate Tax Auctions. real estate auction property. tax foreclosure I bought several of your manuals a few years ago and just wanted to tell you that you give the most value for the buck that I have ever come across. I have two rental houses that I bought using your…
P.S. Here is the Best Course for Investing In Tax Lien Certificates And Tax Deeds. Audios, Manual, and Resources. Click Here!
I am looking into purchasing a tax certificate for property in Florida. If I were to hold the Certificate for 2 years I can put in for a tax deed. What I don’t understand is how can I make the property mine? Would it be put on the market for a bid? How much do home go for at an auction like this?
