Want to learn more about tax lien investing? Check out Joanne Musa’s Tax Lien Investing Secrets II course and get your tax lien portfolio started today!

Well, I have some great news for you. There are a total of five states that sell tax liens online. They are Arizona, Colorado, Florida, Indiana and Maryland. Even in those states though, not all counties conduct tax lien sales online. You can easily find a list of the counties that do sell tax liens online by checking out Joanne Musa, the Tax Lien Lady’s new program called Buying Tax Liens Online at http://bit.ly/3G3Ac. Online tax sales are different in each state, but they do have a few things in common.

You need to register for online tax sales days, or in some cases weeks, ahead of the actual sale date. You can register entirely online, and once you are registered can browse and bid on properties online as well.

When you bid on a tax lien online, you are not bidding on the actual property itself, but on the tax lien certificate that is being auctioned by the county. These online tax sales usually require a deposit, which is usually a portion of the amount you plan to spend on tax lien certificates. This deposit is usually refundable after the sale if you don’t win any certificates, but some sites have a nonrefundable registration fee.

In auctions that use wire transfers for payments, payment for the liens which you win is usually required within 24 or 48 hours after the close of the sale. For sales that use ACH Debit as the method of payment, payment for your liens is usually due the day the tax sale closes. For these online tax sales, you agree beforehand to allow the county treasurer to debit your account for the amount of the tax liens that you win.

The counties that do have online tax sales make it very easy for you to register and bid online. The most difficult part is doing your due diligence for the properties. Unless you purchase a tax sale list from the county or from a third party list provider, you don’t always get to see the list of properties that are . In some cases, there is very little information available on the properties. This is where buying a detailed or enhanced list can be extremely helpful in doing remote due diligence prior to bidding in an online tax sale.

For more information on buying tax liens online, check out the Tax Lien Lady’s new program on Buying Tax Liens Online: http://bit.ly/3G3Ac

Tax lien investing used to be something that only the wealthy knew about and took advantage of. For decades it was a little known, high yielding investment vehicle. All of this has changed in the past few years as more and more people become aware of the high yields and minimal risk of investing in tax lien certificates. A lot of people have heard about investing in tax lien certificates but they’re not sure if it’s really something that they can do. Read on to find out if this is an investment vehicle for you.

Tax lien certificates are an attractive investment for the small investor because you don’t need thousands of dollars to start and you don’t have to pay any brokerage fees. There are drawbacks, however. You almost have to become an expert in tax lien investing to invest profitably. This is an investment that you have to be able to devote some time to. It’s not like you can call your broker and tell him to buy some tax liens for your portfolio. Tax lien certificates are sold at tax sales conducted by a county or municipal official. These sales are usually auctions that are held at least once a year. Counties with very large populations may hold tax sales quarterly or even once a month. You have to find out when and where these tax sales are held, do due diligence on the properties in the sale and attend the tax sale to bid on properties. When you are the successful bidder, you are issued a tax lien certificate and must record this certificate with the county clerk. You are then responsible for maintaining accurate records and submitting the proper documents to safeguard your investment.

If you have the time to spend investigating properties and you enjoy the challenge of learning something new, then perhaps investing in tax lien certificates could be a good way for you to increase your bottom line. If, however, you don’t have the time to spend researching properties and finding out about tax sales, then this is probably not the right investment vehicle for you. Another thing you want to consider is where do you live. Some states do not sell tax liens, and if you do not live in a state that has tax lien sales, you may have to spend a considerable amount of money traveling to tax sales in order to buy tax lien certificates. Although some counties have online auctions or sell tax lien through the mail, you would still have to do due diligence on properties before you place a bid. If you don’t, you may wind up loosing money by buying a tax lien certificate on a worthless piece of property.

Joanne Musa works with investors who want to reap the rewards of tax lien and tax deed investing. She is the author of the Tax Lien Lady’s E-books, Tax Lien Investing Secrets and Tax Lien Lady’s State Guide to Tax Lien and Tax Deed Investing.