Skip the Auction and Eliminate the Competition Buying Over The Counter Tax Lien Certificates and Tax Deeds

Buying over the counter tax lien certificates is an excellent strategy for minimizing competition and maximizing profits. You can even buy tax deed properties over the counter virtually guaranteeing that you get that property at rock bottom prices.

The latest figures indicate that the opportunity to profit with tax lien certificates will continue into the foreseeable future. In fact, the Wall Street Journal recently stated that real estate tax delinquencies are on the rise and total approximately $15 billion nationwide.

There's a fortune waiting for the taking with county-held tax liens (unsold tax liens).

Recently, CNN Money estimated that between $7 billion and $10 billion worth of tax liens are sold to banks and investors each and every year.

So if you run the numbers, there's between $5 billion and $8 billion worth of unsold tax lien certificates and/or tax deeds each and every year. Which means there's still a lot of opportunity to get involved with the tax lien certificate business.

What happens with the tax lien certificates that are never purchased?

More often than not there's more tax liens available than investors to buy them. In situations such as this unsold tax liens and tax deeds are transferred to the county where they can be purchased over the counter.

County-held tax lien certificates are sold on a first come first serve basis.

In a normal tax lien certificate auction investors compete for the right to purchase each tax lien certificate. It is through this competitive bidding that the interest rate is reduced and the tax lien is sold to the investor willing to accept the lowest interest and or penalty rate they would receive in the event the tax lien is redeemed.

The great thing about these over-the-counter tax lien certificates is that you can buy them without having to attend the tax sale auction. Since you're not attending the auction there's nobody else bidding AND nobody else driving down the interest and/or penalty rate you would receive in the event the tax lien is redeemed.

You'll be receiving the maximum interest or penalty rate mandated by state law.

Because these over the counter tax lien certificates are sold on a first come first serve basis you'll be receiving the maximum interest and/or penalty rate mandated by state law.

With the explosion of the Internet county tax collectors are making it possible to buy these over the counter tax liens and tax deeds online through the county tax sale website. You can save yourself a lot of time and money buying these county-held tax lien certificates through the mail or the Internet. If you prefer a more hands on approach you can simply walk into the county offices and purchase them over-the-counter.

Just like tax lien certificates, you can buy tax deed properties over the counter.

In most tax deed sale auctions properties are sold to the investor's with the highest bid. It is through the competitive bidding process that the price to purchase the tax deed property is increased and the property is sold to the investor willing to pay the most for the property.

When you buy tax deed properties over the counter you can skip the auction and the competitive bidding process and get these properties in some instances for just the back taxes.

Over the counter tax liens and over the counter tax deeds can be a fun and profitable way to get involved. The over the counter tax liens and tax deeds will be available shortly after the regular tax lien and tax deed sales are completed.

How To Buy Over-The-Counter Tax Lien Certificates and Tax Deed Properties

Done properly, over the counter tax lien certificates and over the counter tax deed properties can be a very profitable business.

The process of buying over-the-counter tax lien certificates and/or over-the-counter tax deed properties is a basic 3-stage process of:

1) Preparing

2) Purchasing

3) Profiting

In addition there's, 10-basic steps designed to move you through the 3-stage investment process.

Stage 1: Preparing

Step 1: Identify your goals, budget and resources.

There's no one size fit's all approach to buying over-the-counter tax lien certificates and tax deeds. Everyone's goals and resources are completely different. Take a moment to think about your goal. Are you trying to Supplement Your Income, Replace Your Income, or Build Your Retirement? Also, break it down even further. For example, what is your target amount and then break it down even further by year, rate, and budget. What kind of financial and time commitment will be required to realize your goal?

Step 2: Formulate Your Investment Strategy.

We are often asked, "Which state is the best state?" That is a difficult question to answer because everyone's circumstances, goals, budget, and resources are different. Therefore you need to create a strategy that takes into account your unique circumstances including your goals, budget, and resources.

Step 3: Select the Right State.

Your investment strategy will help you identify what to look for when selecting the right state.

Step 4: Select the Right County or Municipality.

Your investment strategy will help you identify what to look for when selecting the right county or municipality.

Step 5: Obtain A Current Tax Sale List.

At this point you should be ready to obtain the tax sale list or in this case the over-the-counter list of tax lien certificates or tax deeds that where not sold at the regular tax sale auction. You can usually obtain this by making contact with the county tax collector or treasurer.

Step 6: Perform Your Due Diligence.

Through a series of steps due-diligence will help you narrow the the tax sale list to include only those properties which fit into your investment goals, budget, resources, and strategy.

Step 7: Reduce Your Risks.

Through a series of scans you score the risk to reward ratio of each property so that you are only left with those properties you believe present the best investment opportunity.

Stage 2: Purchasing

Step 8: Make the Purchase.

Making the purchase will involve a registration process where you will be required to complete and sign a few documents. Once the required paperwork has been completed you can proceed with submitting bids for a regular tax sale auction. The process for purchasing over-the-counter tax lien certificates and tax deeds properties will vary but generally you must submit a written request including your certified funds to purchase. Upon confirmation you will receive a certificate of purchase (tax lien certificate) or a tax deed title.

Stage 3: Profiting

Step 9: Manage Your Investment

Step 10: Realize Your Profits

Below you will find a collection of the latest user questions and comments relating to buying over the counter tax lien certificates and tax deeds.

 

comments powered by Disqus
Dennis
Can you buy over-the-counter liens and deeds over the internet?
seo
Hello Web Admin, I noticed that your On-Page SEO is is missing a few factors, for one you do not use all three H tags in your post, also I notice that you are not using bold or italics properly in your SEO optimization. On-Page SEO means more now than ever since the new Google update: Panda. No longer are backlinks and simply pinging or sending out a RSS feed the key to getting Google PageRank or Alexa Rankings, You now NEED On-Page SEO. So what is good On-Page SEO?First your keyword must appear in the title.Then it must appear in the URL.You have to optimize your keyword and make sure that it has a nice keyword density of 3-5% in your article with relevant LSI (Latent Semantic Indexing). Then you should spread all H1,H2,H3 tags in your article.Your Keyword should appear in your first paragraph and in the last sentence of the page. You should have relevant usage of Bold and italics of your keyword.There should be one internal link to a page on your blog and you should have one image with an alt tag that has your keyword....wait there\'s even more Now what if i told you there was a simple Wordpress plugin that does all the On-Page SEO, and automatically for you? That\'s right AUTOMATICALLY, just watch this 4minute video for more information at. <a href="http://www.SEORankingLinks.co m">Seo Plugin</a>\r\nseo http://www.SEORankingLinks.com/
William
I know the business of tax liens\', is there anyone out their who purchases\' Tax liens\' for investors\' like myself. I do pay a 10% NON REFUNDABLE to an full-time Agent to purchase Tax Liens\' recorded in my NAME. Its\' a great business, my Agent is no longer with us.
Daniel Mwangi
I am interested in Over the Counter liens first then as a secondary over the counter deeds in all the counties in the nation that sell them or offer them how can TaxLienUniversity.com help me?
Ryan
Has anyone gotten a straight answer as to which states and counties offer OTC tax DEEDS? Thanks,
Jacob
What are some of the counties that you keep referring to (without actually naming them) that are offering tax lien certificates that didn\'t sell at their auctions for just the back taxes that are due, and are doing it on an OTC basis? We sure would like to get started with your program (it sure looks good!) but we don\'t know where to start. Thank you!!
Robert
Can Tax Lien Certificates be purchase by mail?
Ran Moore
I love across the street from two vacant house that have delinquent taxes due. Both are on the "Hit List" as I call it for Auction here in Detroit, Michigan. Both properties have a balance of $6500. There is an opportunity to redeem the property by making monthly payments. What would you suggest I should do to avoid the auction and the potential of losing both properties?
carine
Hi,rnThank you for sharing these great information. I am trying to get started with TLC and Deeds but would like to it over the counter. My question is:rnHow to get access to those county held tax lien lists.rnThank yourn
TaxLienUniversity.com
Hello Trish. Yes, you will find that most of the time when the tax lien certificate is redeemed it will be redeemed by the bank or lender. They do not want to lose the property securing the loan. If the right to redeem is foreclosed and you receive the tax deed you will own the property.
Click here to post a question
 

 

Tax Lien University, Inc. is an educational organization, and individual performance depends upon the individual skills, time availability, and dedication of each student. Testimonials included may not represent typical results. Unique experiences and past performances do not guarantee future results. Tax Lien University, Inc. its owners, employees, and affiliates do not give investment or financial advice and are not licensed as brokers by or registered as advisors with any agency. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

Master Tax Liens & Tax Deeds

Master the steps and strategies of buying tax liens and tax deeds with our FREE 4-DISC Training Course

You can immediately download the course for no charge or if you prefer, just pay a small shipping fee and we'll mail it to you.

Get the FREE Training Course.

 

Tax Lien Certificate States

Research all fifty (50) states to determine which offers the right interest rate, redemption period, and more.

Click here to learn more.

 

Customer Support with Tax Lien Certificate Questions

Tax Lien Certificate Reports

Below is a list of free articles on how to profit with tax lien certificates, tax deeds, and more.

 

The Rule of 72 Calculator

The rule of 72 says that to find the number of years required to double your investment at a given interest rate, you simply divide the interest rate into 72.

 

Interest Rate: %
Years Required for Principal to Double
    Exact Answer:
    Rule of 72 Estimate:

 

For example, if you want to know how long it will take to double your money at eighteen percent interest, divide 18 into 72 and get 4 years.

 

Our Educational Materials

Creating Wealth Without Risk™ was designed to help you take full-advantage of safe, certain, and high-yielding tax lien certificates and tax deeds.

Click here to learn more.

 

Tax Lien University Reviews

"I purchased 3 tax lien certificates at an internet auction for Miami-Dade County, Florida. All three were buildable vacant lots in moderate income neighborhoods. The prices were: (1)$1,018.86 (2) $1,224.90 (3) $1,654.82. I got 18% interest on all of them. I placed 39 bids in total."

- A. Hamad, Florida
June 9, 2011 6:17:32 PM MDT

"I thought that the course were very clear and easy to understand as well as being highly informative and to the point. The information contained within is worth thousands and thousands of dollars. I would recommend that any one serious about being a smart investor buy these books and put it into action!"

- S. Roy, London

"Thank you for your great work. I received you training manuals last night and haven't been able to stop reading. I would recommend this course to anyone who is interested in getting into Tax Lien Certificates."

- J. Bennett, California

 

State Tax Sale Summaries

Research each state's individual tax sale process including whether it is a tax lien certificate, tax deed, or tax deed hybrid, redemption period, bidding method, and the interest/penalty rate by clicking on the name of the state below:

- Alabama Tax Sales
- Alaska Tax Sales
- Arizona Tax Sales
- Arkansas Tax Sales
- California Tax Sales
- Colorado Tax Sales
- Connecticut Tax Sales
- Delaware Tax Sales
- Florida Tax Sales
- Georgia Tax Sales
- Hawaii Tax Sales
- Iowa Tax Sales

- Idaho Tax Sales
- Illinois Tax Sales
- Indiana Tax Sales
- Kansas Tax Sales
- Kentucky Tax Sales
- Louisiana Tax Sales
- Maine Tax Sales
- Maryland Tax Sales
- Massachusetts Tax Sales
- Michigan Tax Sales
- Minnesota Tax Sales
- Mississippi Tax Sales

- Missouri Tax Sales
- Montana Tax Sales
- Nebraska Tax Sales
- Nevada Tax Sales
- New Hampshire Tax Sales
- New Jersey Tax Sales
- New Mexico Tax Sales
- New York Tax Sales
- North Carolina Tax Sales
- North Dakota Tax Sales
- Ohio Tax Sales
- Oklahoma Tax Sales
- Oregon Tax Sales

- Pennsylvania Tax Sales
- Rhode Island Tax Sales
- South Carolina Tax Sales
- South Dakota Tax Sales
- Tennessee Tax Sales
- Texas Tax Sales
- Utah Tax Sales
- Vermont Tax Sales
- Virginia Tax Sales
- Washington Tax Sales
- West Virginia Tax Sales
- Wisconsin Tax Sales
- Wyoming Tax Sales