Greensboro Maryland Tax Lien Certificates
The collection of real estate taxes for properties located in Greensboro Maryland is a major priority for the Caroline County Maryland Tax Collector. Real estate taxes fund local services such as public education, police protection and medical services.
Delinquent property taxes create a serious cash-flow problem for Caroline County Maryland. If Caroline County Maryland is unable to collect property taxes, they are also unable to fund important government services like police protection, public schooling, and emergency medical services.
Without the tax revenue generated from real estate located in Greensboro Maryland, Caroline County Maryland would literally go bankrupt.
To solve this cash-flow problem, Caroline County Maryland allows investors to come in and pay off a portion of these delinquent property taxes.
In return, Caroline County Maryland gives investors Maryland tax lien certificates. A tax lien certificate is a document indicating ownership of a real estate tax lien. A tax lien is simply a claim for taxes.
An Maryland tax lien certificate transfers all the rights that come with being the owner of the real estate tax lien from Caroline County Maryland to the investor.
When you buy tax lien certificates in Maryland, you are paying someone else's delinquent property taxes. What's more, Maryland actually gives you the right to receive all of the tax money due - including fees, high interest, and penalties.
To encourage delinquent owners to pay their past-due property taxes, the state of Maryland charges up to 6% to 24% per annum on the amount paid to satisfy the delinquent taxes, which is passed directly to the tax lien certificate purchaser.
Everyone is happy, Caroline County Maryland gets their money and you get a real estate secured, high-yielding return on your investment.
For "risk-sensitive" investors Maryland tax lien certificates are the ideal investment. Basically, you are investing your money with Caroline County Maryland and when the Caroline County Maryland Tax Collector collects the past due taxes, they send you a check, returning what you paid to purchase the Maryland tax lien certificate plus penalties, interest, and/or late fees.
Maryland tax lien certificates are safe in several ways. They are safe because the rise and fall of interest rates has no effect on Maryland tax lien certificates. Unlike the stock market, interest rates on Maryland tax lien certificates are mandated by Maryland law.
In addition, Maryland tax lien certificates are secured by real estate. So if you do not receive what you paid to purchase the Maryland tax lien certificate plus interest and/or penalties within the law mandated redemption period, then by law Caroline County Maryland has the legal right to give you the property - debt free with no mortgage!
So in review, there are two ways you can profit; either you will get what you paid to satisfy the delinquent property taxes PLUS a profit rate up to 6% to 24% per annum, or Caroline County Maryland has the legal right to give you the property - debt free with no mortgage!
Once you own the property you can do whatever you like; sell it for huge profit checks, rent it for monthly cash-flow, or if you like, even move in with no mortgage payment. The choice is yours, the property belongs to you.
As with all investments, there is always an element of risk. Even if the interest rates are written into Maryland law, mandated by Maryland law, and are regulated by Maryland law, there is a chance of you losing part or all of your investment. You must always try to get the best education and practice safe investing, no matter which investment vehicle you choose.
Greensboro Maryland Discussion
Below you will find a collection of the latest user questions and comments relating to Tax Lien Certificates on tax-delinquent property located in Greensboro Maryland.
Cities located in Caroline County
The following is a list of cities and towns located in Caroline County Maryland.
Tax Lien Certificates for properties located in the following cities are sold at the Caroline County Maryland tax sale.
Counties located in Maryland
The following is a list of counties located in the state of Maryland.
Tax Lien Certificates for properties located in the following counties are sold at Maryland county tax sales.
Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below:
|County / Municipality:||Auction Type:||Population:|
|Allegany County, MD||Tax Lien Certificates||74,930|
|Anne Arundel County, MD||Tax Lien Certificates||489,656|
|Baltimore City County, MD||Tax Lien Certificates||651,154|
|Baltimore County, MD||Tax Lien Certificates||754,292|
|Calvert County, MD||Tax Lien Certificates||74,563|
|Caroline County, MD||Tax Lien Certificates||29,772|
|Carroll County, MD||Tax Lien Certificates||150,897|
|Cecil County, MD||Tax Lien Certificates||85,951|
|Charles County, MD||Tax Lien Certificates||120,546|
|Dorchester County, MD||Tax Lien Certificates||30,674|
|Frederick County, MD||Tax Lien Certificates||195,277|
|Garrett County, MD||Tax Lien Certificates||29,846|
|Harford County, MD||Tax Lien Certificates||218,590|
|Howard County, MD||Tax Lien Certificates||247,842|
|Kent County, MD||Tax Lien Certificates||19,197|
|Montgomery County, MD||Tax Lien Certificates||873,341|
|Prince George's County, MD||Tax Lien Certificates||801,515|
|Queen Anne's County, MD||Tax Lien Certificates||40,563|
|Somerset County, MD||Tax Lien Certificates||24,747|
|St. Mary's County, MD||Tax Lien Certificates||86,211|
|Talbot County, MD||Tax Lien Certificates||33,812|
|Washington County, MD||Tax Lien Certificates||131,923|
|Wicomico County, MD||Tax Lien Certificates||84,644|
|Worcester County, MD||Tax Lien Certificates||46,543|
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.
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Tax Lien Certificate States
Research all fifty (50) states to determine which offers the right interest rate, redemption period, and more.
Tax Lien Certificate Reports
Below is a list of free articles on how to profit with tax lien certificates, tax deeds, and more.
- What are Liens
- The Effects of Liens on Title
- How Lien Priority is Established
- What are Tax Lien Certificates
- How to Buy Tax Lien Certificates
- Learn the Tax Sale Bid Methods
- Buy Tax Liens with a Business
- Over the Counter Tax Liens
- How to get the Tax Sale List
- Profits with Tax Sale Overages
- Tax Lien and Tax Deed States
- Tax Lien Profit Calculator
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.
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
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."
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June 9, 2011 6:17:32 PM MDT
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