Wednesday, November 22, 2006

Upcoming Auctions This Month!

There are more real estate auctions coming this month. These are not necessarily based on tax liens or tax deeds but by other federal govt agencies.

FM544 & Heritage Parkway, Murphy, Texas 75074
Auction: Tuesday, November 28, 2006
Total Site Area: 2.189 ± acres
Description: Land located at the Northwest corner of FM544 and Heritage Parkway in Collin County. Zoned Commercial D4 with public utilities available.

For more info, click here.

2014 Market Center Blvd., Dallas, Texas 75207
Auction: Tuesday, November 28, 2006
Total Improved Area: 6,005 ± sq. ft.
Description: Class C - retail/office property. A third of the building is currently set up for retail sales, with a large counter and storage room. The remainder of the structure is separated into 15 small rooms, dressing room and two restrooms along a hallway. The building is bordered by a sidewalk and a 29-space asphalt parking lot in the rear. Located on the northeast side of Market Center Blvd, approx. 1/4 mile southeast of I-35E in the City of Dallas.

For more info, click here.

Want to learn what type of bidding strategies these auctions have? Get your copy of Investing Without Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions for $19.95.

Monday, November 20, 2006

Excel template on tracking tax liens

Attached is the Excel template on how to track tax liens. Green columns are automated fields.

template.xls (21k bytes)

Right click Save As...

Friday, November 17, 2006

Montgomery County, Ohio expects to raise $7.5 million from tax lien sales

Montgomery County, Ohio is having a tax lien sale on November 18, 2006 10am at the county commission chambers. For more information, call (937) 225-4010. The proceeds will be used to fund schools and other services.

You can buy Investing Without Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions by Don Sausa (ISBN 0978834607) to learn more about how to invest in tax lien and tax deed auctions. Available in any bookstore,, or Amazon.

Excerpt from the Dayton Business Journal:

Montgomery County is gearing up for its second-ever tax lien sale.

The sale will be held 10 a.m. Saturday, Nov. 18 in the county commission chambers. It will include 2,000 tax certificates expected to return about $7.5 million in additional funds.

The funds will be used for schools and services.

"We're looking forward to a lively competition among the vendors tomorrow," said Hugh Quill, Montgomery County treasurer.

Tuesday, November 14, 2006

Tax sales happening this month! 15% interest on tax liens

Tax Lien Sale

The 2006 Tax Lien Sale will be held on November 15, 2006
Commissioner's Meeting Room
2nd Floor, 203 Eureka Street
Central City, CO 80427

"Our Tax Lien Sale is conducted with the goal of fairness in mind. Comments and suggestions are given serious consideration and have been implemented where functional. Please feel free to contact us at 303-582-5222."

November 15, 2006
Registration will begin at 7:30 am.
Tax sale will begin at 9:00 am.
Larimer County Courthouse Offices
(Location and times are subject to change.)
(970) 498-7032

Date and Time of Sale: November 15, 2006 at 9:00a.m.
Time of Registration: prior to the sale at the Mesa County Treasurer's Office or by mail
Location of Registration: Mesa County Treasurer's Office, 544 Rood Ave., Grand Junction
Location of Sale: Two Rivers Convention Center, 159 Main St., Grand Junction, CO 81501
Interest Rate: 15%
Information: (970) 244-1833 or (970) 244-1825

Need to figure out how to invest in tax liens? You can purchase Investing Without Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions through this link.

Tax lien book - Investing Without Losing - reaches Top 15 in Real Estate Category

Investing Without Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions reaches the hourly top 15 in's real estate category. Thanks to all the readers who made it possible!

Wednesday, November 08, 2006

Lee County, Iowa sells mobile home for $200 through tax lien sale





WHEREAS, Lee County has a property tax lien on a 1995 SLC Mobile Home, Vehicle Identification Number 1W9123621S1186463, Lee County Title Number 56-VO25049 that was titled under the name of Carol Pence; and

WHEREAS, Lee County has served notice of right of redemption as provided by law on Carol Pence, the manager at Shady Acre Trailer Park and City Group Sales and Financing Inc. in Oklahoma City, Oklahoma; and

WHEREAS, Steven J. Cramer has submitted an offer to purchase Lee County's interest in the mobile home for the sum of $200; and

WHEREAS, Lee County has the authority following a public bidder auction to compromise its real estate tax lien and has a right to assign its interest to one or more other persons; and

WHEREAS, it appears that the 90-day notice of right of redemption is not yet expired by upon timely presentation of proof of service that notice will shortly expire; and

WHEREAS, Lee County is willing to accept the offer; according

BE IT RESOLVED, at such time as Steven J. Cramer pays $200 to the Treasurer of Lee County, the Treasurer is authorized to assign whatever right, title or interest Lee County, Iowa has as a result of its notices of right of redemption and tax lien on the mobile home above described. Thereafter the said Steven J. Cramer shall have the same right Lee County presently has to proceed and to obtain a Treasurer's Deed. No public hearing is being held on this transfer because the property involved is not real estate. Lee County is not required to hold a public hearing. The Board of Supervisors hereby accepts the statements and representations made that the mobile home has fairly minimal value.

Dated at Keokuk, Iowa, this the 24th day of October, 2006.

Lee County Board of Supervisors. /s/ George Morgan, Chairman, /s/ Larry W. Kruse, Vice-Chair, /s/ Robert J. Woodruff, Member, /s/ Rick Larkin, Member, /s/ Joseph W. Kowzan, Member. Attest: /s/ Anne Pedersen, Lee County Auditor. Motion carried

Monday, November 06, 2006

Could Tax Liens Help You Reach Your Financial Goals Faster and Safer?

Here's an article about tax liens by Nicholas Brown.

Could Tax Liens Help You Reach Your Financial Goals Faster and Safer? by Nicholas Brown

Tax Lien

Lately, there has been a great deal of buzz around the topic of tax liens. Savvy people (I assume you are savvy since you are actually researching this topic) are using tax lien certificates for two reasons. The first reason tax lien certificates are used is to gain high interest returns at very low risk. The other use is to use them to obtain properties for a considerable discount. Now I consider myself a pretty smart individual, so I decided to put some time into researching tax liens. I needed to get an idea of what tax liens were and how I could use them to my advantage to get ahead financially, which is something I am sure you can relate to. Thus I took to studying everything I could find on tax liens. After exploring the internet and reading different e-books, I've built up a great deal of knowledge on the subject of tax liens.

First, let's start off with what a tax lien is and then we'll go from there. A tax lien is a type of lien that is placed on a title when the owner of that title has not paid property or assessment taxes or other state and federal taxes. Okay, now that you know what a tax lien is, I am sure you are saying, "Yeah, yeah, that's nice. But how can I use them to my benefit?" So I'll get on to the good part on how you can profit from tax liens. There are actually two ways that you can make money with very low risk to yourself.

The first way of course is in the case that the owner fails to pay the back taxes in order to release the lien. If this happens, then the investor (you) collects the title to the property for a small percentage of its actual value. The second way is in the event that the owner does pay the taxes to get the property back. If that happens, then you get your initial investment restored back to you. In addition, you also get the interest earned on the purchase price at an annual percentage rate mandated by that certain state. If you're looking for a way attain some additional cash flow to help relieve the burden of daily expenses, then you need an investment that is sure to earn you money at a solid rate. Tax liens are the answer and many people are beginning to figure this out.

Okay, GO! Just kidding...there's a little more work to it than that. I mean anything worth engaging in comes with some work. Now I don't want to scare you off, because it's actually not difficult. There just has to be certain things that you make sure you do. To begin with, each state has a different process when it comes to tax lien purchases. It is very critical for you to learn the facts before getting started. Make sure to find out about the laws in each state on tax liens. Each state typically holds a sale for tax liens only one or two set months per year, and those months differ from state to state. Be sure to know the interest rates for each state. In most cases, this ranges from 16% on up to 50% in some rare instances. Check your savings account interest rate and you will see that is has never yielded anything close to those numbers. Now you can check each states current rate manually but if you're as busy as me, then you don't have the time for that. You can find an inexpensive information booklet about how to obtain a tax lien that simplifies all of this by visiting my site. Tax Lien
About the Author

Nicholas Brown is an investor that loves any and every thing that has to do with real estate. He is 22 and already has made a small fortune. He is always looking for unique ways to get greater returns on his investments.