21st Century Tax Lien Investing four Reasons To Start Today Part 1

Reason#1-Internet Tax Lien Sales: The Tax lien market has seen considerable change over the last couple years. It seems like only yesterday that a few of us would gather on the courthouse steps of what county in whatever state we were bidding for. You would have the pick of the litter and watch the face of the county assessor drop as we all got our fill and stopped bidding. In the good old days the assessor would rarely, if ever sell off all of the liens that they had available. That would mean that the county would incur the wraith of an unfunded municipal coffer. When a person does not pay their property taxes that county is left with an ever expanding deficit of funding for such things as road maintenance. The bane of the tax assessor was the best kept secret in American investing vehicles, the tax lien. The word just never seemed to get out sufficiently about this amazing investment, thus a lack of sales of tax liens was a problem that needed solving. The savior of the county came with the advent of the internet. Some of the more savvy assessors grasped the theory that folk just do not always want to travel, even for the BEST investment that money could buy. The obvious solution was to bring the auction to bidder! You can now sit in the comfort of your own home or office and make a fortune from GOVERMENTALLY SECURED investments!!! Several states such as Florida and Indiana are truly on the cutting edge of internet technology in the way they handle their auctions. I, for one am more than happy to have the option to NEVER stand in the rain with my hand up again! While there are still a few of my PLATINUM level states that I heavily invest in and still have to travel to, I now can built my fortune ever higher by merely clicking my mouse! Reason #2-Ease of Research: Back in the good old days researching the properties that I wanted to bid on was tedious at best, impossible at worst. Please do yourself the favor of NEVER bidding on a tax lien for a property that you have done no research on. Sometimes a tax lien may seem too good to be truenine times out of ten it is exactly that TOO GOOD TO BE TRUE. 5 acres of land for pennies on the dollar sound great right? What if it is landlocked on all sides?? What if you need to drill a 1000 foot deep well??? What if it is an environmental waste dumping ground???? Get the picture? The research phase of your tax lien purchase is going to be the difference between hitting a home run-redemption with full interest paid, possibility even a grand slam-getting a property for pennies on the dollar OR owning a piece of environment disaster history, made a parcel of useless land that YOU now get to pay taxes on. Utilize all the tools that are now available to you at your finger tips. I say again GOD BLESS THE INTERNET!!! Satellite photography has brought to us the power to look at any house in the nation within a few seconds. Like the old saying goes good fences make good neighbors. Do not bid on a parcel that sits next to a junkyard; noise, dust, stench, environment waste, etc. will all be waiting for you if you win this gem! Good luck selling it!!! A neighbors yard can look like a junkyard. A Satellite photo can show you if the neighbor has a messy back yard, or a shed that caught on fire and was never demolished. The curb appeal of your neighbors house is just as important as the curb appeal of your house when you are trying to entice a buyer, especially if the market is hot and they have many homes to choose from. Another essential tool for research, most importantly if you are going to concentrate of residential tax lien investing, is the deluge of real estate site available at a mouse click. Now you can find out everything you would ever want to know about a neighborhood or even a whole city by just surfing the enormous number of real estate site that have comparables, resent sales number, noise and light level, and just general gossip. Never forgetknowledge is power!

About the Author:
Melford & Concetta Bibens are the authors of http://www.taxliensmadeeasy.com, THE comprehensive guide to Tax Lien Investing in the 21st Century. To learn the key to true cellular health AND how to make big money saving lives-visit us at http://www.isagenixmillionaire.com Melford and Concetta Bibens own a Fitness Center and Day Spa in New York.
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