What do you think about tax lien certificates?
Wednesday, May 19th, 2010 at
1:31 pm
What are the pros and cons of tax liens certificates? I’m more interested in the risks everyone talks about.
Like this post? Subscribe to my RSS feed and get loads more!
From what I understand they are not as risky as other types of investments and they pay a fairly good interest rate. The cons are that they are not sold in every county/state in the nation and they tend to require a large up front investment. If the person cannot pay back the lien, you get the house/property, but this rarely happens.