Discover a Basic 3-Step Process for Getting Tax Sale Lists - for Next to Nothing!

I see it all the time, beginning investors paying an enormous amount of money to buy a tax sale list that, with the right knowledge, they could have for free. Sure the amount you would shell out on tax sale lists is a fraction when compared to the profits you stand to make buying tax lien certificates and tax deeds. The point of your investing is to keep as much of the profits as possible.

Let's think about it. With over 3200 plus counties across the United States and the average cost of a tax sale list ranging from $15 to $50 bucks each, an investor could spend $48,000 to $160,000 a year on tax sale lists. Wow, that's a lot of money to hand-over for some information that you could be getting for free.

Let's be realistic, chances are you'll never spend that much, it's more likely that you'll need 25 to 65 tax sale lists a year. Even at that volume you could save yourself $375 to $3250 a year. With a little insight you could purchase another tax lien certificate where your profit rate of 16%, 18%, 24%, up to 36% is mandated by United States law. Better yet, if you did your research right, it doesn't get redeemed and you become the owner of a valuable piece of property for a fraction of it's true market value.

Here's the kicker, the tax sale list companies don't want you to know that they scan, swipe and download all of the information from the county websites for free. Then they turn around and sell this free information to investors for $15 to $50 bucks a list. Sure it saves the investor from having to find that information on his own but it's really not that hard to find to begin with. You just have to know where to look.

For example, I just visited the website for one of the main providers of tax sale lists. They want $65 for the Navajo, County tax sale list. So I surfed to the Navajo County Website and downloaded the same information for free saving me $65 bucks. Not bad for one minutes worth of work. Better in my pocket than theirs.

So here's how I did it and you can too;

• First, you have to locate the web address for the desired county. As a tax sale investor you'll eventually need to learn how to find public information fast. I've discovered a few time and money saving resources. When it comes to finding county websites I usually will visit NACO.org (National Association of Counties Online).
  
  When you get to NACO.org click on "About Counties" then on "Find a County". At that point you'll be brought to a page displaying a map of the United States. Simply click on the desired state, then the desired county. When the county page loads, look to see if the county name is a hyperlink. If so it will take you to the county website. If not you may have to try a search on google or call the county.



• Second, navigate to the tax collector or treasurers page. When you arrive on the county website you'll have to find and navigate to the page dedicated to the collection of delinquent real estate property taxes. More often than not this is the county treasurer or tax collector. Sometimes you'll see a departments link on the menu which will load a page listing the links for the various county department pages. If not, try to find the county site map page as this will display all pages on the county website.



• Third, find the link to download the tax sale list. Once you've found the right department and page simply snoop around for information on "delinquent property taxes", "tax sale information" or "tax sale list". If you still have trouble finding it, pick up the phone and call the county. Sometimes they'll offer to mail it on a disk saved as an excel spreadsheet (my preferred format). In some cases, they may charge a small shipping and handling fee. But always try to get the tax sale list for free from the website or via email.

In conclusion, you could save yourself a lot of cash over your career as a tax sale investor by knowing how to get tax sale lists for free. In addition, you could use those savings to buy more tax lien certificates where your profit rates of 16%, 18%, 24% up to 36% are mandated by United States law. And if you've done your homework correctly, you can avoid the pitfalls and become the proud new owner of a valuable piece of real estate for a fraction of its true market value.

Below you will find a collection of the latest user questions and comments relating to delinquent tax sale lists.

D. F.

Can you ever own tax sale property in fee simple interest. Is the ownership ever completely cleared?

Marcus Hayden

What is needed to file a claim for tax sale overages? What is required from the former owner? And where can I get the claim form for filing a claim in Cuyahoga county Ohio?

Jlene Shoalmire

how do i get a list of taxes for sale in desoto parish

Jlene Shoalmire

how do i get a list of taxes for sale in desoto parish

Margaret Pintea

How can I get the list of delinquent real state property taxes

michael

Do you have the legal process or attorneys to collect tax overages?I'm looking for attorney's who practice in California.

Ferdinand Bulckaen

How can you register on line for tax lien sales?

TaxLienUniversity.com

Merle, you will want to contact the County Tax Collector:

Real Property Office
3 North Erie Street
Mayville, New York 14757
(716) 661-7211

http://www.co.chautauqua.ny.us/d epartments/tax/Pages/ForeclosureInformat ion.aspx

TaxLienUniversity.com

When you own a tax lien certificate you own a lien for property taxes. As the owner of the tax lien certificate you do not own the property and will not own the property until you obtain a deed.

When you buy tax lien certificates the smart way there are really only two outcomes:

1) The tax lien certificate is redeemed and you receive what you paid to satisfy the delinquent taxes plus interest and/or penalties.

2) The tax lien certificate is not redeemed at which point the county or taxing jurisdiction has the legal right to give you the property.

Once you own the property you can takes steps towards renting the property, moving in and occupying the property or selling the property.

kurt

Assumption: let's say the interest rate for a tax lien certificate is 10% per year for the redemption period. So, if you are able to purchase a certificate via assignment purchasing within one year of redemption, the actual annual percentage rate received would be higher than 10%. Is this true?

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Steven E. Waters is an experienced and active investor of tax liens and tax deeds, author of "Creating Wealth Without Risk™" and acting president of Tax Lien University, Inc.

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.