Okmulgee Oklahoma Tax Lien Certificates
The collection of real estate taxes for properties located in Okmulgee Oklahoma is a major priority for the Okmulgee County Oklahoma 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 Okmulgee County Oklahoma. If Okmulgee County Oklahoma 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 Okmulgee Oklahoma, Okmulgee County Oklahoma would literally go bankrupt.
To solve this cash-flow problem, Okmulgee County Oklahoma allows investors to come in and pay off a portion of these delinquent property taxes.
In return, Okmulgee County Oklahoma gives investors Oklahoma 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 Oklahoma tax lien certificate transfers all the rights that come with being the owner of the real estate tax lien from Okmulgee County Oklahoma to the investor.
When you buy tax lien certificates in Oklahoma, you are paying someone else's delinquent property taxes. What's more, Oklahoma 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 Oklahoma charges up to 8% per annum on the amount paid to satisfy the delinquent taxes, which is passed directly to the tax lien certificate purchaser.
Everyone is happy, Okmulgee County Oklahoma gets their money and you get a real estate secured, high-yielding return on your investment.
For "risk-sensitive" investors Oklahoma tax lien certificates are the ideal investment. Basically, you are investing your money with Okmulgee County Oklahoma and when the Okmulgee County Oklahoma Tax Collector collects the past due taxes, they send you a check, returning what you paid to purchase the Oklahoma tax lien certificate plus penalties, interest, and/or late fees.
Oklahoma tax lien certificates are safe in several ways. They are safe because the rise and fall of interest rates has no effect on Oklahoma tax lien certificates. Unlike the stock market, interest rates on Oklahoma tax lien certificates are mandated by Oklahoma law.
In addition, Oklahoma tax lien certificates are secured by real estate. So if you do not receive what you paid to purchase the Oklahoma tax lien certificate plus interest and/or penalties within the law mandated redemption period, then by law Okmulgee County Oklahoma 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 8% per annum, or Okmulgee County Oklahoma 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 Oklahoma law, mandated by Oklahoma law, and are regulated by Oklahoma 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.
Okmulgee Oklahoma 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 Okmulgee Oklahoma.
Type your question or comment using the form below:
comments powered by Disqus
Cities located in Okmulgee County
The following is a list of cities and towns located in Okmulgee County Oklahoma.
Tax Lien Certificates for properties located in the following cities are sold at the Okmulgee County Oklahoma tax sale.
|Spelter City, OK||10,425|
|Twin Hills, OK||17,900|
Counties located in Oklahoma
The following is a list of counties located in the state of Oklahoma.
Tax Lien Certificates for properties located in the following counties are sold at Oklahoma 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:
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.
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.
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."
- 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