Tax liens and tax deeds equals $10 billion opportunity in 2008

The American courthouse

According to a recent FOX Business News press release, Alpine TLI Group, a public company, announced that:

"There will be over 2,000 tax lien sales during 2008, with an ever-increasing opportunity to participate in online sales. It is estimated that over $10 Billion in tax lien certificates are offered for sale annually. It is also estimated that due to the inherentleverage of a tax lien, this could represent over $1 Trillion in property value for the purchasers of these tax lien certificates."

Southwick, MA files $103,963 worth of tax liens

SOUTHWICK, MA - Town Collector Michelle L. Hill plans to file tax liens against 52 properties if owners fail to pay back property taxes and fees by Jan. 2.

"The liens will be filed at 10 a.m. on Jan. 3 against any property that remains the subject of back taxes," she said yesterday.

The total outstanding tax owned on the 52 parcels is $103,963, Hill said, explaining that additional fines and fees are assessed against each parcel. She was unable to provide a total of fines and fees to be collected, noting that the amount varies for each parcel.

For more information, (413) 569-5504.

Investors and gamblers one of the main reasons for foreclosures in Bay Area

One fifth of San Francisco's foreclosures are owned by investors

Interesting article by sfgate:

Israel Medina admits he got too gung ho about the idea of getting rich by flipping Bay Area real estate.

Medina, a Concord resident who ran a limousine company before wading neck-deep into the housing market, has seen not one, but 11, of his Northern California properties move into foreclosure in the past year, he said.

"I was a real estate tycoon; I had everything," said Medina. "Now I have nothing."

A Chronicle analysis of public records shows that speculators like Medina played a significant role in the region's subprime loan meltdown.

These real estate gamblers are hardly the struggling home buyers often portrayed as victims of the Bay Area's and nation's foreclosure crisis. Some bought houses as often as other people buy shoes, rarely putting down any money. The speculators were betting that home prices would continue to shoot up. Instead, when the market started softening and prices sagged, many of their properties ended up as foreclosures.

Congress - Take care of our seniors!

Imagine if your grandma fell due to a stroke. In order to walk and talk again she needs outpatient rehab, but after Jan 1, 2008, Medicare will only pay $1810. After that amount is gone, even if she can't walk or talk yet, she is on her own.

We need to tell Congress that Medicare needs to take care of our parents and grandparents. They paid for Medicare all their work life only to be taken when they need it most.

We need to fight this injustice.

Call your congressman and senator and ask them to support The Medicare Access to Rehabilitation Services Act. Please no more blind therapy caps.

U.S. Marshals selling properties in Florida

4 U.S. Marshals Forfeited Properties in Florida:

(1) Ft. Lauderdale, FL - Single Family Residence:

• 2251 NW 29th Terrace, Ft. Lauderdale, Broward County, FL 33311-3220.
  
• Site area is 9,000 +/- square feet.
  
• Zoning for this property is Single Family Residential.
  
• This is a one story ranch style residence with three (3) bedrooms, two (2) bathrooms, living room, dining room, kitchen and a patio. The wood floors have been damaged from water. The interior needs painting and there are missing appliances. The exterior of the property needs landscaping. There is 1,451 +/- square feet of gross living area.

Minimum bid: $141,471
Bid online: December 10 - 12
Inspection: December 6 from 10 am - 12 pm ET. By Appointment Only.
Click here to View: http://www.bid4assets.com/NWT8

(2) Cocoa, FL - One (1) Acre +/- Vacant Land:

• 4250 Sheridan Ave. Cocoa, FL 32926.
  
• Site area is 1 acres +/-.
• Zoning for this property is AU.
• Utilities on site include electricity, gas, water and septic sewer.

Minimum bid: $30,500
Bid online: December 11 - 13
Click here to View: http://www.bid4assets.com/CF6

(3) Bradenton, FL - Single Family Residence:

• 603 60th Avenue W., Bradenton, Manatee County, FL 34207.
  
• Site area is 8,798 +/- square feet.
• Zoning for this property is Residential Duplex.
• This is a one story ranch style home with an estimate of three (3) bedrooms and estimated to have two (2) bathrooms per the appraisal. There is a one (1) car carport. There is 1680 +/- square feet of gross living space.

Minimum bid: $123,250
Bid online: December 18 - 20
Inspection: December 13 from 2 pm - 4 pm ET. By Appointment Only.
Click here to View: http://www.bid4assets.com/BFL8

(4) Orange City, FL - Single Family Residence:

• 1395 10th St., Orange City, Volusia County, FL 32763.
  
• Site area is 10000 square feet.
• Zoning for this property is Residential.
• This is a detached ranch style home with three (3) bedrooms, two (2) bathrooms, living room, dining area, family room, kitchen, large patio at the rear of the home and a two (2) car garage.

Minimum bid: $116,000
Bid online: January 7 - 9, 2008
Click here to View: http://www.bid4assets.com/OCF5

Upcoming Auctions - Colorado Tax Lien Auctions

The following Colorado tax lien auctions are occuring in December:

December 3, 2007 Hinsdale, Las Animas
December 4, 2007 Phillips
December 5, 2007 Washington
December 6, 2007 Costilla
December 7, 2007 Grand
December 10, 2007 Crowley

Interest rate is 15%.

For more information, access this web site.

Upcoming Auctions - Boulder, CO Tax Lien Auction

Boulder County, CO announced that Friday, November 30 has been selected for this year's sale of tax liens on properties that have delinquent taxes. The auction will begin at 8:30 in the Hearing Room on the third floor of the County Courthouse on Pearl Street in Boulder. The auctioneer will again be Kevin Kevil of Colorado Springs.

You can see more information regarding the auction at this web site: http://www.co.boulder.co.us/treas/.

Upcoming Auctions - Miami-Dade Tax Deed Auctions

There are several upcoming tax deed auctions in Miami-Dade County. These are the official dates:

November 15,2007

November 14,2007

November 08,2007

November 07,2007

The location is 140 W. Flagler Street, Room 908, Miami, FL 33130 starting at 9am EST.

The list of properties being auctioned off are available here:

http://www.miami-dadeclerk.com/tax-deeds/home.aspx

You may also want to buy over the counter (no bidding needed). The list of OTC deeds in Miami Dade is available here.

Upcoming Auctions - Douglas County, CO Offline Tax Lien Auction

There is an upcoming tax lien sale auction occuring on November 15, 2007 with an annual interest rate of 15%. It will be held at Douglas County Sheriff, Colorado. The web site with more information can be found here: www.douglas.co.us/treasurer. If you would like to speak to one of the county's representatives, you can call them directly at 303-660-7455.

Upcoming Auctions - Osceola County, FL Tax Deed Auction

There's a tax deed sale auction starting October 2nd, 2007 for Osceola County, FL. The tax deed sale information is available here:

Properties List

The sale will be held 11:00 am at the courthouse located at 2 Courthouse Square, Kissimmee, Florida 34741.

Upcoming Auctions - Jackson County, MI Tax Deed Auction

Starting bid price: $ 1,662.74

Foreclosed Property Public Auction to be held Tuesday, September 18th at 12:00 p.m. Registration Opens at 11:00 a.m. at County Commission Chambers, 120 West Michigan Ave, Jackson, Michigan.

OPEN HOUSE

Open House Schedule:
Wednesday, September 12, 5:00 to 7:00 p.m.
207 North Drive, Columbia
2510 E. Michigan Avenue, Blackman
2623 Tyson, Blackman
124 E. Main St., Springport

Thursday, September 13, 5:00 to 7:00 p.m.
207 North Drive, Columbia
939 Chittock, City of Jackson
414 E. Addison, City of Jackson
509 E. Trail, City of Jackson

If you have any other questions contact the Jackson County Treasurers Office at (517) 788-4418.

Upcoming Auctions - Pinellas County, Florida, Tax Deeds

You can search the listings of the tax deeds here:

http://www.pinellasclerk.org/tributeweb2/

Date of sale: Nov 14, 2007
Telephone: (727) 464-3207

Tax deed sales are held in the main lobby of the Clearwater Courthouse located at 315 Court Street, Clearwater, Florida beginning at 11:00 A.M. There is a minimum deposit requirement of $200.

Why tax liens must be paid off...

I saw this letter on upstatehouse.com...

DEAR BOB: We are buying an out-of-state house. The closing is scheduled for about two weeks from now. It is a "for sale by owner," and the sellers aren't too knowledgeable about the sales process. We just received a document from the title company listing the recorded liens against the sellers. The list includes a lien from the state's Bureau of Child Support for more than $12,000 and deferred property taxes for about $2,000. None of these liens were previously disclosed to us. If the sellers are unable to pay these liens at or before the closing, what are our options? We don't want to be homeless when we arrive in our new city if something goes wrong with the closing. --Rebecca L.

Tax liens are public record and the title company easily saw the problem before closing. Before the deal can move any further, the tax liens must be paid off. This is typical around America, properties that may have old liens against it. In a traditional closing, those liens will need to be removed -- which is fortunate for you, the tax lien investor.

Tax liens are one of the safest investment vehicles out there, especially on homestead properties. The last part of the letter explains it all, "We don't want to be homeless..."

Upcoming Auctions - Colorado Tax Lien Auctions

Here is a list of tax lien auctions this year for Colorado. It breaks down by county and date. The interest rate will be calculated later this year around November.

Good luck!

More free foreclosure listings

Bank of America, which also does mortgages, has a foreclosure site as well. Though not as big as Countrywide's foreclosure site, it is still a good place to look at:

Bank of America Foreclosures

Make sure you do your proper due diligence on these relatively cheap houses. You'll need to do similar title searches like you would with a tax deed sale. The people that waited for the real estate bubble to pop are the smart ones, you can now get a decent house in areas that they weren't able to afford before.

Foreclosure homes, how to find bargains

I know many people subscribe to "fee"-based web sites and they get listings of foreclosures.

But did you know that Countrywide services 1 out of 5 U.S.-mortgaged homes? That means they contain one of the largest databases of foreclosures in the country...all for free for you to access!

Check it out here:

Countrywide Foreclosure Homes

So stop paying extra fees for foreclosure listings, they are just the middlemen. Go directly to the bank (Countrywide) and look at their foreclosure listings.

Wall Street is showing weakness

Market volatility
When the real estate bubble popped, Wall Street finally started seeing subprime loans as a risk rather than an investment. The market has lost at one point over 800 points from our 14,000 point high in the Dow Jones.

My personal opinion
There are broad sell offs in Wall Street even though the housing market doesn't even affect it. Health care, industries, and other sectors are not affected by real estate and some have hit their 3 to 5 year lows because of the recent sell offs. This is the time to BUY these good companies and hold for the long term.

And of course to diversify your portfolio, consider tax liens. Opportunities actually strengthen in a real estate bust because more people are delayed in paying their property taxes, giving you an opportunity to invest and help cities, counties, and their infrastructures.

Upcoming Auctions - Leon County, Florida

There's a tax deed auction coming up in Leon County, FL, Aug 27th, 2007 (Monday) 11am EST. You can find the list of tax deeds here:

Tax deed list

More info, directions

Upcoming Auctions - Carlton County, Minnesota Tax Deed Auction

There's a tax deed auction occuring on August 8th, 2007 at the Carlton County Courthouse located in Carlton, Minnesota. It will start 10:00 am. There are several properties available, including 40 acre lots, 9 acre lots, etc.

For more information, you can visit their web site at www.co.carlton.mn.us or you can e-mail paul.gassert@co.carlton.mn.us.

Upcoming Auctions - Yavapai County, AZ - Special Auction

Yavapai County Begins
Online Property Auction


It's here! The first online surplus property auction for Yavapai County, Arizona has begun. The Yavapai County Public Works Department has selected Realauction to hold the auction.

Bidders may register and place bids at www.yavapai.realauction.com through July 24 at 9:00 a.m., MST.

The online sale of surplus property follows two years of successful online tax lien auctions held by the Yavapai County Treasurer. The Public Works Department believes the Internet auction will save time and resources as well as expose the properties to more potential bidders than traditional auction methods.

Complete information is available on the web site, or by calling the Customer Service Center at 877-732-5282.


Realauction is committed to excellence in customer service and product innovation. If you ever have questions, please call us directly. We are growing and developing new products and services, and we look forward to hearing from you.

Sincerely,

The Realauction Team

Realauction
Email:customerservice@realauction.com
Phone:877-361-7325
Fax:954-424-7601
Web:http://www.realauction.com

Upcoming Tax Auctions - Illinois tax auctions

CHARLESTON (Illinois) — Eight properties are available in Coles County’s annual delinquent property tax auction, which has a bid deadline of Monday.

The minimum bid for each property is $644, and sealed bids must be submitted to the county treasurer’s office, 651 Jackson Ave., Charleston, according to information from the county’s tax agent. Catalogs listing and describing the property up for auction and complete bidding information are available at the treasurer’s office for $3.

The county conducts the auction each year on property where taxes haven’t been paid for a certain amount of time. The purpose is to try to get new owners for the property so they’ll pay the taxes in the future, though they don’t have to pay the taxes owed to this point.

Properties to be listed in the auction are:

-- A vacant lot at 620 Fifth St., Charleston.

-- A vacant lot on Quincy Avenue, Charleston.

-- A closed gas station at 1102 Madison Ave., Charleston.

-- A vacant lot at the corner of A and B streets, Charleston.

-- A vacant lot at 612 DeWitt Ave., Mattoon.

-- A vacant lot at 2509 DeWitt Ave., Mattoon.

-- Three parcels in North Okaw Township.

For more information, access this news article.


Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series

Discussion board

Just wanted to let you know we have opened up a new discussion board for Investing Without Losing. This discussion board will be hosted by Google. Its function is primarily to facilitate readers to be able to share experiences. Additionally, I will be posting questions that have already been asked.

To access the discussion board, access it here. You can also access the discussion board link on the left hand side of the Investing Without Losing web site.

Don Sausa consulted for New York Times article

A week or so ago, I posted some real estate problems in Box Elder County, Utah. Little did I know part of my research would go on national news.

Dan Barry, a New York Times columnist, travels nationally to look at the sight and sounds of America. On a restaurant stop, he picked up a local newspaper and found an interesting story about illegal subdividing and land sales in Box Elder County, Utah. He finds out the person doing the original subdividing and hunts down the story. He goes on Google, looks for information regarding the land owner and finds my research on my blog.

He shoots me an email, then we chat on the phone, and I give him some info, and bwam, like a master craftsman, he's got a hot story posted here.

One more publication for the resume.

11 Florida counties use Realauction for tax liens

Want more information on how to win in tax liens? Buy the book below.

Florida Counties Begin Online Tax Lien Auctions
The Realauction Team is ready - it's time to begin the annual online auctions of tax liens throughout Florida.

Here is our list of counties, with their dedicated web sites and auction dates:

Columbia County
www.columbiataxsale.com
MAY 8TH THROUGH MAY 31ST

Hernando County
www.hernandotaxsale.com
MAY 15TH THROUGH MAY 30TH

Hillsborough County
www.hillsboroughtaxsale.com
MAY 7TH THROUGH MAY 26TH

Lee County
www.leetaxsale.com
MAY 1ST THROUGH MAY 31ST

Levy County
www.levytaxsale.com
MAY 10TH THROUGH JUNE 1ST

Monroe County Tax
www.monroetaxsale.com
MAY 9TH THROUGH MAY 31ST

Pinellas County
www.pinellastaxsale.com
MAY 11TH THROUGH JUNE 1ST

Polk County
www.polktaxsale.com
MAY 10TH THROUGH JUNE 1ST

Putnam County
www.putnamtaxsale.com
MAY 1ST THROUGH MAY 26TH

Seminole County
www.seminoletaxsale.com
MAY 6TH THROUGH MAY 31ST

Suwannee County
www.suwanneetaxsale.com
MAY 14TH THROUGH MAY31ST

FL online tax lien auctions starting June 1st, 12 counties online w/ Bid4Assets

Bid4Assets has taken over 12 Florida counties' tax liens auctions. For more information, please read the press release below. As you know, I have written extensively about Bid4Assets in the book below.

SILVER SPRING, Md., May 1 /PRNewswire/ -- Bid4Assets, Inc., the nation's leader in online auction solutions for federal, state and local government, announced today that twelve Florida County Tax Collectors' offices will conduct their 2007 Tax Lien Sale with Bid4Assets. The Tax Collectors are from returning Bid4Assets' county customers: Brevard, Charlotte, Duval, Escambia, Gilchrist, Sarasota, Sumter, and Walton. Moving their auctions online for the first time are the Tax Collectors of Alachua, Gadsden, Santa Rosa and Taylor.

In Florida, tax certificate sales are held on or before June 1. Bidding starts at 18% and continues downward in increments of .25%. The bidder who offers the lowest interest rate on the debt wins the certificate.

A dedicated, unique website will be available this week for each tax sale and will include information on registration, bidding and deposit procedures and deadlines. The tax sale sites will also provide interested participants with a resource center and a demonstration site to allow participants to familiarize themselves with the auction system. Each County Tax Collector's website will be available at:

Alachua.taxsale.com Escambia.taxsale.com Sarasota.taxsale.com Brevard.taxsale.com Gadsden.taxsale.com Sumter.taxsale.com Charlotte.taxsale.com Gilchrist.taxsale.com Taylor.taxsale.com Duval.taxsale.com Santarosa.taxsale.com Walton.taxsale.com

Bid4Assets entered the specialized Florida Tax Lien market two years ago when the Company partnered with Manatron, the nation's leading provider of property tax solutions for state and local governments. Manatron has a strong presence in Florida, currently serving more than 25 Tax Collectors. The combined services and expertise of the two companies provide Florida Tax Collectors with a simplified and automated tax sale life cycle, from billing and collection, to auction and settlement.

In 2006, Bid4Assets auctioned 46,591 delinquent certificates with a face value of $68,197,655 for eight Florida County Tax Collectors. The previous year, Bid4Assets managed the Tax Sales for five Florida County Tax Collectors.

About Bid4Assets, Inc.

Bid4Assets.com is the largest seller of tax-defaulted properties on the Internet. Bid4Assets conducts online auctions for a growing list of federal and state government agencies, including more than 40 counties nationwide, the U.S.Marshals Service and the U.S. Department of Treasury. The privately-held company, launched in 1999, is based in Silver Spring, Md.

South Carolina's Supreme Court and Attorney General Scare Off Tax Lien Investors

We've been following the story of Ned Majors, a fellow tax lien investor from South Carolina. He invests tax liens for other people, by going to the auctions for them and bidding for them (like a proxy bidder). South Carolina's Attorney General Henry McMaster, states this practice is like selling securities. South Carolina's Supreme Court apparently agrees. The court argued that though it isn't exactly like selling securities, it is similar enough that the attorney general has the authority to regulate it.

Translation: Attorney General McMaster and the Supreme Court needs to buy the book below.



The attorney general apparently wants Mr. Majors to pay license fees, taxes, and be 'regulated' like other securities company (mutual funds, brokers, etc.). This is astonishing, since the sale of tax liens help local jurisdictions and there are clear state statutes on how they are to be done. The attorney general's 'power grab' from local counties and local cities is remarkably selfish. South Carolina is now officially off limits for major tax lien investors, which removes much needed income to fund roads, schools, and other public services.

Perhaps, down the road when South Carolina starts having budget woes in their local jurisdictions, the people will remember Attorney General Henry McMaster. The poster child for scaring off investors in his state.

Warrick County, Indiana tax sale is postponed

Indiana counties usually have tax sales between July 1st and Nov. 1st...except possibly Warrick County! They are having some new issues with the newly elected auditor and treasurer who can't seem to agree which companies to use for tax lien sales. This little hold up is costing the county over 1 million dollars, money they could have received from tax lien auctions.

We hope they can resolve the issue soon, it certainly isn't a good reflection of officials being newly elected and then they turn around and stop the funding for basic services like schools and emergency services.

Want more information about tax liens and how to participate and win in these auctions? Buy the complete guide to it! See below.





The article below is an excerpt from Courier Press.

Source: CourierPress
Warrick tax sale hits snag

By Mark Wilson
Thursday, April 19, 2007

Warrick County will not have a tax sale in 2007 if Treasurer Charlie Christmas and newly elected Auditor Larry Lacer cannot agree on which company to run it.

In 2006, the financially strapped county brought in about $1,264,500 in back taxes and profit from the sale of properties on which taxes were delinquent. An additional $185,000 was collected before the sale from property owners who paid their back taxes after learning the properties were to go up for sale.

It's money the county could sorely use again this year, said Carl Conner, a Warrick County commissioner.

"This county cannot afford all of the services it needs to provide right now," he said.

Christmas declined to discuss the matter in public when questioned by County Commissioners on Wednesday after Lacer brought it up during a regular public meeting. But he indicated he had objections to SRI Inc., the Indianapolis company that has operated Warrick County's sales since 1998.

Lacer said employees in his office already are familiar with SRI and its software and are comfortable with the company.

"It's never been decided not to have a tax sale," Christmas said. "I did not want to air this in public."

"We are all ultimately responsible to the public," Commissioner Don Williams replied.

...

Upcoming Auctions - Hillsborough County, FL (Offline) Tax Deed Auction

Hillsborough County, FL is having two tax deed sales on 4/30/07 and 5/7/07. You can take a look at their tax deed list here. Please note tax deeds are totally different from tax liens, you own the property rather than gain interest on the tax lien. Some people have asked what 'offline' means in the article heading, that means the auction is at a real place rather than online.

You could say this is one way to get "cheap" Florida land. Here's some info on some of the properties [parcel number is the middle field]:

2007-85 154562.0000 AVAILABLE
2007-86 156835.0000 AVAILABLE
2007-87 032664.0050 AVAILABLE
2007-88 058117.4098 AVAILABLE
2007-89 014489.0000 AVAILABLE
2007-90 206946.0000 AVAILABLE

Upcoming Auctions (Offline) - OSCEOLA COUNTY, FL Tax Deed Sale

There are several properties for sale in Osceola County, FL. The minimum bid is $396 for one property. The date of the auction is March 27, 2007, 11:00 AM. You can get directions by clicking here. You can find out more about their tax deed process here.

CTF: 03-5379
TITLEHOLDER: WILLIE WALKER
MATTIE D. WALKER
ASSESSED TO: WILLIE WALKER & MATTIE D. WALKER
APPLICANT: GWENDOLYN C. SCOLES
LEGAL: S 165 FT OF N 660 FT OF W ½ OF E ½ OF W ½ OF SW ¼,
LESS W 25 FT
LOCATED: SECTION 35, TOWNSHIP 27S, RANGE 33E
R 35 27 33 0000 3070 0000
BASE BID: $414.84


CTF: 04-5507
TITLEHOLDER: MARY MOORE
ASSESSED TO: MARY MOORE
APPLICANT: GWENDOLYN C. SCOLES
LEGAL: S 165 FT OF N 990 FT OF E 330 FT OF W 5280 OF S ½ & S 165 FT OF N 825 FT OF S ½ LESS W 5280 FT AKA 373, 357
LOCATED: SECTION 36, TOWNSHIP 27S, RANGE 33E
R 36 27 33 0000 3730 0000
BASE BID: $396.99


CTF: 04-5536
TITLEHOLDER: ELIZABETH LOUISE McCLESKEY
ASSESSED TO: ELIZABETH L. McCLERSKEY
APPLICANT: ALLEN CONSERVANCY IN BROUSSARD
LEGAL: W ½ OF W ½ OF NW ¼ OF NE ¼ OF NW ¼ & E ½ OF E ½ OF NE ¼ OF NW ¼ OF NW ¼
LOCATED: SECTION 24, TOWNSHIP 28S, RANGE 33E
R 24 28 33 0000 2122 0030
BASE BID: $557.76


CTF: 04-5537
TITLEHOLDER: GLORIA ROBINSON, BETTY BUTLER, DAISY M. JACKSON &
LAURA COLLIER SANDERS & ESTATE OF LAURA SANDERS
ASSESSED TO: GLORIA ROBINSON & BETTY BUTLER
APPLICANT: ALLEN CONSERVANCY IN BROUSSARD
LEGAL: E ½ OF NE ¼ OF NE ¼ OF NE ¼ OF SW ¼
LOCATED: SECTION 24, TOWNSHIP 28S, RANGE 33E
R 24 28 33 0000 3111 0011
BASE BID: $342.75


CTF: 04-5538
TITLEHOLDER: JEANNE FRANCES HOPPER
ASSESSED TO: JEANNE FRANCES HOOPER
APPLICANT: ALLEN CONSERVANCY IN BROUSSARD
LEGAL: SW ¼ OF SE ¼ OF NE ¼ OF SW ¼
LOCATED: SECTION 24, TOWNSHIP 28S, RANGE 33E
R 24 28 33 0000 3143 0010
BASE BID: $432.22

County balances budget with tax lien money

Erie County is getting some help in balancing its budgets funding schools, roads and other infrastructures through tax lien money.

Looking ahead, the 2007 budget is balanced, according to county officials, although that will be done without any tax increase and so will likely not have a large surplus. Added tax lien money, collected under a new and better contract, will be used to help restore fund balance.

Source: http://www.buffalonews.com/149/story/35703.html

Example of Tax Deed Notice in Colorado

Steamboat Pilot & Today published a tax deed notice. Tax deed notices are sent out to let previous owners know they're about to lose their property. If they still don't pay back the taxes -- the property is gone. For more information on how to buy properties at foreclosure auctions, purchase the best selling tax lien book, the Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days [ISBN-10: 0978834682].

NOTICE OF PURCHASE OF REAL ESTATE AT TAX LIEN SALE AND OF APPLICATION FOR ISSUANCE OF TREASURER'S DEED
FILE 1272

TO Every person in Actual Possession or Occupancy of the hereinafter Described Land,Lot or Premises, and to the Person in Whose Name the same was Taxed or Specially Assessed, and to all Persons having a Interest or Title of Record in or to the said Premises and To Whom It May Concern, and more especially to H.G. & H. JEAN CARLSON (JT). You and each of you are hereby notified that on the 6TH day of NOVEMBER A.D. 2003 the then County Treasurer of the County of Routt, in the State of Colorado, sold at public tax lien sale to ARTHUR L. FINE, TRUSTEE the following described real estate situate in the County of Routt, State of Colorado, to-wit:
LOT 67 SOUTH STATION II AT STAGECOACH
and said County Treasurer issued a certificate of purchase therefore to ARTHUR L FINE TRUSTEE. THE SALE WAS FOR DELINQUENT PROPERTY TAXES AS AFORESAID, LEVIED AND ASSESSED, BY THE PROPER AUTHORITIES OF SAID COUNTY FOR THE YEAR 2002. That the said real estate was taxed or specially assessed in the name H.G.& H. JEAN CARLSON (JT) for said year 2002.That on the 15TH day of FEBRUARY ,2007 ,said ARTHUR L.FINE , TRUSTEE assigned said certificate of purchase to ARTHUR L. FINE That said ARTHUR L. FINE on the 26TH day of FEBRUARY,2007 the present holder of said certificate, (who) has made request upon the Treasurer of said County for a deed to said real estate;
That a Treasurers Deed will be issued for said real estate to the said ARTHUR L FINE at 4:00 o'clock PM, on the 9TH day of JULY A.D. 2007, unless the same has been redeemed. Said property may be redeemed from said sale at any time prior to the actual execution of said
Treasurer's Deed.
Witness my hand this 8TH day of MARCH A.D. 2007.

LILA STUCKER
County Chief Deputy Treasurer of Routt County

First Publication Date: March 11, 2007
Last Publication Date: March 25, 2007

Upcoming Auctions (Online) - Santa Cruz, CA

Starting March 12 and running for three days, Maryland-based Bid4Assets in conjunction with the county Treasurer's Office will sell off Santa Cruz County properties on its Web site. For more information, you can visit http://www.bid4assets.com/storefront/?sfID=338.

Want more information on how to bid on these tax liens and tax deed auctions? Buy the best selling tax lien book, the Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days [ISBN-10: 0978834682].

Judge reverses La Caribe foreclosures

Due to the local government's mistake, 11 lots that were not delinquent in taxes were sent to tax foreclosure auctions. According to Gulf Breeze News, a judge reversed the move.

After only about one hour of presentation and deliberation, property owners in La Caribe subdivision received good news: Judge Michael Allen reversed the foreclosure proceedings on 11 lots accidentally included in a tax lien sale earlier this month. The lots had been erroneously included in the description of the pool deck tax lien auctioned off, and Assistant County Attorney Steven West requested a reversal.

For the public that do not know -- if you do not pay your property taxes, your property may be auctioned off for a fraction of the market price. On rare occassions like this one, the county makes a mistake. Luckily, it doesn't happen too often.

Want more information on how to invest in tax liens, tax deeds, and foreclosures? Buy the Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days [ISBN-10: 0978834682].

Upcoming Tax Deed Auctions - Millersport Ohio, Orosi California, Puerto Rico, Palm Beach FL, and more!

The following auctions are held by the federal government. They are similar to tax deed / foreclosure deeds. If you want to know how to participate, bid, and win on these auctions, please see our guide: Complete Guide to Real Estate Tax Liens and Foreclosure Deeds -- Learn in 7 Days.

Feb 13 - Single Family Home - Millersport, Ohio

Feb 13 - Lakefront Lot - Millersport, Ohio

Feb 22 - Commerical Building (4,539 ± sq. ft.) - Orosi, CA

Feb 22 - Commerical Building (6,102 ± sq. ft.) - Orosi, CA

Feb 22 - Residential Land - Dinuba, CA

Feb 22 - 27 +/- Acres of Agricultural Land - Dinuba, CA

Feb 27 - Single Family Home - Trujillo Alto, Puerto Rico

Feb 27 - Condo Unit - Guaynabo, Puerto Rico

Feb 27 - Vacant Land - Guaynabo, Puerto Rico

Feb 28 - Lakefront Single Family Home - Royal Palm Beach, FL Feb 28 - Beachfront Condo Unit - Sunny Isles Beach, FL Mar 6 - Single Family Home on 7 +/- Acres - Indianapolis, IN Mar 6 - 5 +/- Acres of Land with Single Family Home - Indianapolis, IN Mar 6 - 5 +/- Acres of Land - Indianapolis, IN Mar 6 - (2) 4.9 +/- Acres of Land - Indianapolis, IN Mar 7 - Single Family Home - Maitland, FL Mar 16 - Single Family Home - Las Vegas, NV Mar 21 - Single Family Residence- San Gabriel, CA

Mar 21 - (2) Vacant Land - Los Angeles, CA

Mar 21 - Commercial/Residential Building - New Hyde Park, NY (details coming) Mar 22 - SF Home on 5 +/- Acres - Upper Brookville, NY (details coming) Mar 22 - 23 +/- Acres of Land - Brownsville, TX (details coming) Mar 23 - (3) Single Family Homes - Laredo, TX Coming Soon - Single Family Home on Canal - North Miami Beach, FL Coming Soon - Commercial Warehouse Buildings - New Hyde Park, NY Coming Soon - Condo Unit - Canton, MA Coming Soon - Single Family Home - Nashville, TN

Details of some auction dates in the calendar above are in the process of being confirmed. Please check back at the Auction Calendar (link below) for updates. http://www.treas.gov/auctions/customs/realprop.html

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[2] FEATURED AUCTIONS

Feb 13 - Single Family Home - Millersport, Ohio http://www.treas.gov/auctions/customs/hollywoodblvd.html

Feb 13 - Lakefront Lot - Millersport, Ohio http://www.treas.gov/auctions/customs/northbank.html

Feb 22 - Commerical Building (4,539 ± sq. ft.) - Orosi, CA http://www.treas.gov/auctions/customs/12775avenue416.html

Feb 22 - Commerical Building (6,102 ± sq. ft.) - Orosi, CA http://www.treas.gov/auctions/customs/12777avenue416.html

Feb 22 - Residential Land - Dinuba, CA http://www.treas.gov/auctions/customs/10294avenue424.html

Feb 22 - 27 ± Acres of Agricultural Land - Dinuba, CA http://www.treas.gov/auctions/customs/9922avenue424.html

Feb 27 - Single Family Home - Trujillo Alto, Puerto Rico http://www.treas.gov/auctions/customs/primavera.html

Feb 27 - Condo Unit - Guaynabo, Puerto Rico http://www.treas.gov/auctions/customs/sanmiguel.html

Feb 27 - Vacant Land - Guaynabo, Puerto Rico http://www.treas.gov/auctions/customs/piedrasblancas.html

Feb 28 - Lakefront Single Family Home - Royal Palm Beach, FL http://www.treas.gov/auctions/customs/royalpalmbeach.html

Feb 28 - Beachfront Condo Unit - Sunny Isles Beach, FL http://www.treas.gov/auctions/customs/sunnyislesbeach.html

Mar 6 - Single Family Home on 7 +/- Acres - Indianapolis, IN http://www.treas.gov/auctions/customs/oaklandonroad.html

Mar 6 - 5 +/- Acres of Land with Single Family Home - Indianapolis, IN http://www.treas.gov/auctions/customs/12110e79thstreet.html

Mar 6 - 5 +/- Acres of Land - Indianapolis, IN http://www.treas.gov/auctions/customs/12106e79thstreet.html

Mar 6 - 4.9 +/- Acres of Land - Indianapolis, IN

Address: 12104 E. 79th Street http://www.treas.gov/auctions/customs/12104e79thstreet.html

Mar 6 - 4.9 +/- Acres of Land - Indianapolis, IN

Address: 12102 E. 79th Street http://www.treas.gov/auctions/customs/12102e79thstreet.html

Mar 7 - Single Family Home - Maitland, FL http://www.treas.gov/auctions/customs/talmedatrail.html

Mar 16 - Single Family Home - Las Vegas, NV http://www.treas.gov/auctions/customs/breakpointave.html

Mar 21 - Vacant Land - Los Angeles, CA

Address: 944 Micheltorena Street http://www.treas.gov/auctions/customs/micheltorena944.html

Mar 21 - Vacant Land - Los Angeles, CA

Address: 960 Micheltorena Street http://www.treas.gov/auctions/customs/micheltorena960.html

Mar 21 - Single Family Residence- San Gabriel, CA

http://www.treas.gov/auctions/customs/norwoodplace.html

Mar 23 - Single Family Home, 2 br, 2 ba - Laredo, TX http://www.treas.gov/auctions/customs/jalapastreet.html

Mar 23 - Single Family Home, 3 br, 2 ba - Laredo, TX http://www.treas.gov/auctions/customs/calletuxpan.html

Mar 23 - Single Family Home, 3 br, 3 ba - Laredo, TX http://www.treas.gov/auctions/customs/sansalvadorstreet.html

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[3] OTHER AUCTIONS

Feb 12-13 - 1968 Grumman Gulfstream GII-59 - (Bid Online) http://www.cwsmarketing.com/cwsauctions/LotDetail.cfm?Lot_ID=2948

Feb 16 - Seized & Forfeited Car Auction - East Brunswick, NJ

http://www.cwsmarketing.com/current/live_usms_veh1.cfm

Feb 22-23 - U.S. Customs & Border Protection - Photo Frames Auction - (Bid Online) 7 lots of photo frames & albums by Burnes of Boston http://www.cwsmarketing.com/cwsauctions/Subcategory.cfm?Category_ID=103

Mar 8 - Unclaimed or Abandoned Personal Property Auction - Los Angeles, CA Inventory listing coming in mid February http://www.treas.gov/auctions/customs/la.html

Mar 29 - Unclaimed or Abandoned Personal Property Auction - Edison, NJ Inventory listing coming in March http://www.treas.gov/auctions/customs/edison.html

Upcoming Auctions - Kern County, CA Online Tax Deed Auction

Kern County, California is having an online tax deed auction! To find out how you can participate in these auctions and how to gain up to 16% or more in returns per year, buy Investing Without Losing (retail: $19.95) from Barnes & Noble or your local bookstore.

------------------

MEDIA ADVISORY

Media Contacts
Bid4Assets: Kern County:
Kurt Gallagher Jordan Kaufman
(301) 562-3434 (661) 868-3447
kgallagher@bid4assets.com

Kern County, Calif. Announces Upcoming online tax auction

306 properties for sale on Bid4Assets Web site; Auctions Close Feb. 28, 2007

What: Kern County, Calif. Online Tax Auction

Auction Dates: In Preview Now
Deposit Deadline Feb. 20
Bidding Opens Feb. 26
Bidding Closes Feb. 28

Where: www.bid4assets.com/kern

SILVER SPRING, Md., Jan. 29, 2007 – Kern County Treasurer-Tax Collector Jackie Denney today announced an upcoming online tax auction for Feb. 26-28, 2007. The auction is being conducted by Bid4Assets, the leading online auction service provider for forfeited, surplus and tax-defaulted government property. Kern County is offering 306 properties for sale and interested participants can review the auctions at www.bid4assets.com/kern.

Minimum bids start as low as $500, and no properties in the auction have a reserve price. Bidding opens at 8 a.m. PST on Feb. 26 and ends at various times on Feb. 28. A deposit of $5,000 (plus a $15 processing fee) is required in order to bid on the properties and should be submitted by 1 p.m. PST, Feb. 20, to allow for sufficient processing time. The individual auction listing pages, found at www.bid4assets.com/kern, provide additional instructions for submitting the deposit and bidding.

About Bid4Assets, Inc.
Bid4Assets (www.bid4assets.com) is the online auction marketplace for high-value assets, like real estate, jewelry and rare collectibles from government and private sellers. Bid4Assets conducts online auctions for a growing list of federal and state government agencies, including more than 40 counties nationwide, the U.S. Marshals Service and the U.S. Department of Treasury. The privately-held company, launched in 1999, is based in Silver Spring, Md.

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Upcoming Auctions - Coconino County, AZ Offline Tax Lien Auction

Coconino, AZ is having an offline tax auction on Feb 15th, 2007. For more information, access their web site at: http://www.co.coconino.az.us/treasurer.aspx?id=558. To find out how you can participate in these auctions and how to gain up to 16% or more in returns per year, buy Investing Without Losing (retail: $19.95) from Barnes & Noble or your local bookstore.

INFO FOUND BELOW...

Bonny K. Lynn - Treasurer
110 E. Cherry
FLagstaff AZ, 86001
877-500-1818 or (928) 779-6615
FAX: (928)779-6618


We have listed below the most frequently asked questions concerning investing in tax liens.

1. What are the date, time and location of your tax lien sale? Our tax sale is held the third Thursday of February each year. The tax lien sale starts at 8:30a.m. in the Board of Supervisors meeting room on the first floor, 219 E. Cherry, Flagstaff, AZ 86001

2. How often do you hold tax lien sales? Once a year, in February.

3. Does your county hold a deed/land sale in addition to a tax lien sale? If so, when and where does it take place? Yes, you need to contact the COCONINO County Board of Supervisors at (928)779-6693 or write 219 E. Cherry, Flagstaff, AZ 86001

4. When and where will the tax lien sale be advertised? The Tuesday paper two weeks prior to the week of the sale will have the public notice of the sale. It is advertised in the Arizona Daily Sun. You must contact the Arizona Daily Sun at P.O. Box 1849, Flagstaff, AZ 86002; call (928)774-4545 to get a copy of the notice; or visit their website at www.azdailysun.com. The list is also available on the County Treasurer website.

5. How and when do I register for the tax sale? Anyone who has a bid number is registered for the tax lien sale. If you are a new investor in our county you should obtain a bid number one week prior to the sale. Complete the Bidder Information Card form and then mail it or bring it to us at 110 E. Cherry Avenue, Flagstaff, Arizona 86001 no later than the Tuesday prior to the sale. The original signed form is required by this office to provide you with the official bidder number.

6. What type of payment requirements are needed at the sale? Is there a deposit required before the sale? Cash, cashier check, money order, personal checks and credit cards (VISA and MasterCard Only) are accepted. We do not require a deposit. However, payment is due in full in our office by 3:00 p.m. the day of the closing of the tax sale. Money orders, cashier checks, or personal checks need to be for the exact amount of the purchase for the tax lien. If payment is made with cash, payment must be within $5 of purchase. We do not have large amounts of cash on hand for refunds.

7. What is the bidding process? The bidding process starts with the interest rate at 16% and is bid down in full percent increments if more than one individual is involved. If the parcel is bid down to zero and more than one individual is interested, a drawing will be held to determine which individual will be granted the parcel for the tax lien.

8. What type of document is issued at the sale? After you have finished bidding, a table will be set up outside the doors where the tax lien sale takes place. You will need to pick up a printout listing all the parcels you bid on and at what % interest rate. It will be your responsibility to verify the lists to ensure its accuracy. Upon receiving payment, you will also be given a receipt reflecting all pertinent information.

9. Are there any other expenses for the tax lien? There is a $10.00 processing fee. This fee is not included in the advertisement.

10. What is the foreclosure process and the associated fees? The foreclosure process, which begins three years after the date of the tax lien sale, involves obtaining an insurable deed known as a Judgement Deed. You may choose to hire an attorney or opt for the Judicial Foreclosure-Self Help packet from the Treasurer's website.

11. What happens to the liens that are not sold at the Tax Lien Sale? Can they be purchased over-the counter? Once the sale has been concluded, you can purchase the liens over the counter. The date the tax liens can be purchased over the counter will be announced at the sale, usually two weeks after the sale.

12. Is there a list of the delinquent taxes that can be purchased? There is a list in our office for you to view or you may purchase a hard copy or CD for $50.00. (All are updated weekly.) If either the hard copy or CD is to be mailed, please add $10.00 for postage/handling for the hard copy and $3.00 postage/handling for the CD.
The list must be prepaid prior to mailing it out. You may send in your request by mail with your check made payable to: Coconino County Treasurer; 110 E. Cherry Avenue; Flagstaff, AZ 86001. Visa or MasterCard is also accepted. We do not provide a partial list and because the list is large, we CANNOT FAX the list to you.

13. Will someone in your office do the research for me? I will be happy to submit the proper fee. All research is to be completed by the investors.

14. How does the tax sale auction work? Bids will start with the first column listed in the newspaper by item number and continue to the end of the list. Please keep track of any parcels you wish to acquire, along with a notation of the parcels for which you have received the assignment. Once the item number is called, the item will not be called at a later time.

15. Would you please forward to me a copy of the statutes regarding tax sales in your jurisdiction? To obtain the statutes, you may contact an attorney; inquire at a Law Library that has the Arizona Revised Statutes; or go to the website: www.azleg.state.az.us/ArizonaRevisedStatutes.asp.

What are tax lien certificates?

Plenty of people made their millions by investing in real estate; however, not many know that you can invest in this field without much capital. Ever year, properties are taxed for their value and every year, people fail to pay their taxes on time, incurring interest and penalties either due to financial issues or they just misplaced the tax bill.

If you are late on your property tax bill, the county government seeks investors to balance their budget. Your tax bill will be bought by an investor and when you pay your tax bill with penalties and interest, the net proceeds go to the investor.
This investment venue is little known because government agencies stink at marketing. But that doesn't mean you can't take advantage of it!

Remember, without tax lien investors, many counties would have smaller budgets, hurting schools, police, roads, and other public services.

---
Don Sausa, author of Investing Without Losing [ISBN 0978834607] and Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days [ISBN 0978834682].

Upcoming Auctions - Graham County, AZ Offline Tax Lien Auction

Graham County, AZ is having an offline tax auction on Feb 14th, 2007. For more information, access their web site at: http://206.169.149.67/treas/taxfiles/taxlienlistfeb07.htm. To find out how you can participate in these auctions and how to gain up to 16% or more in returns per year, buy Investing Without Losing (retail: $19.95) from Barnes & Noble or your local bookstore.

Upcoming Auctions - Maricopa County, AZ Online Tax Lien Auction

Maricopa County, AZ is having an online tax auction on Feb 1st, 2007. For more information, access their web site at: https://www.bidmaricopa.com/main. To find out how you can participate in these auctions and how to gain up to 16% or more in returns per year, buy Investing Without Losing (retail: $19.95) from Barnes & Noble or your local bookstore.

Upcoming Auctions - Apache County, AZ Online Tax Lien Auction

The 2007 Apache County Arizona tax lien sale will take place on February 15th, 2007. This Arizona tax lien sale will be held on the internet! For the first time in Apache County, the tax lien sale will be conducted on the Treasurer's tax lien auction web site, which will open and start accepting bids on January 19, 2007. This is not a sale of real property. It is a lien for the amount of delinquent taxes plus interest and other fees.

For more information, access the Apache County tax lien FAQ.

If you want to learn how to bid on these type of auctions and how to win up to 16% in Arizona, buy Investing Without Losing, the best guide to tax liens and tax deeds. ISBN 0978834607

Book update - Some Illinois counties offer OTC

A fellow investor, Brian S. from Illinois, reported that Cook County, IL does offer over the counter sales for tax liens.

Upcoming Auctions (Tax Deeds) from Investing Without Losing

The list below is a list of auctions for seized/foreclosed properties by the Treasury dept. Courtesy of InvestingWithoutLosing.com. To navigate your way through auctions and bidding strategies, consider buying Investing Without Losing by Don Sausa (ISBN
0978834607 or 0978834623), the guide to tax deeds and tax lien auctions from Barnes & Noble.

U.S. TREASURY'S SEIZED REAL ESTATE AUCTIONS
EVENTS FOR JANUARY 17, 2007 - FEBRUARY 27, 2007

Jan 17 Single Family Home
Suffolk, VA
http://www.treas.gov/auctions/customs/windypointdrive.html

Jan 18 Commercial Building
Baltimore, MD
http://www.treas.gov/auctions/customs/catonavenue.html

Jan 18 Single Family Row House
Baltimore, MD
http://www.treas.gov/auctions/customs/chapelstreet.html

Jan 18 Condo Unit
Oxon Hill, MD
http://www.treas.gov/auctions/customs/wilsonbridgedrive.html

Jan 19 Single Family Home
McKinney, TX
http://www.treas.gov/auctions/customs/mckinneytx.html

Jan 19 Single Family Home
Dallas, TX
http://www.treas.gov/auctions/customs/jennieleelane.html

Jan 19 Single Family Home (4 br, 2.5 ba)
Mesquite, TX
http://www.treas.gov/auctions/customs/cambridgedrive.html

Jan 19 Single Family Home
(3 br, 2 ba) - Mesquite, TX
http://www.treas.gov/auctions/customs/wichitadrive.html

Jan 31 Condo Unit
Myrtle Beach, SC
http://www.treas.gov/auctions/customs/wildirisdrive.html

Jan 31 Condo Unit
Charleston SC
http://www.treas.gov/auctions/customs/riverlandwoods.html

Feb 1 Industrial Property
Kent, WA http://www.treas.gov/auctions/customs/84thavenue.html

Feb 1 4.71± Acres of Residential Land
Federal Way, WA
http://www.treas.gov/auctions/customs/militaryroad.html

Feb 13 Single Family Home
Millersport, Ohio
http://www.treas.gov/auctions/customs/hollywoodblvd.html

Feb 13 Lakefront Lot
Millersport, Ohio
http://www.treas.gov/auctions/customs/northbank.html

Feb 22 Commerical Building (4,539 ± sq. ft.)
Orosi, CA
http://www.treas.gov/auctions/customs/12775avenue416.html

Feb 22 Commerical Building (6,102 ± sq. ft.)
Orosi, CA
http://www.treas.gov/auctions/customs/12777avenue416.html

Feb 22
Residential Land
Dinuba, CA
http://www.treas.gov/auctions/customs/10294avenue424.html

Feb 22 - 27 Acres of Agricultural Land
Dinuba, CA
http://www.treas.gov/auctions/customs/9922avenue424.html

Feb 27 Single Family Home
Trujillo Alto, Puerto Rico
http://www.treas.gov/auctions/customs/primavera.html

Feb 27 Condo Unit
Guaynabo, Puerto Rico
http://www.treas.gov/auctions/customs/sanmiguel.html

Feb 27 Vacant Land
Guaynabo Puerto Rico
http://www.treas.gov/auctions/customs/piedrasblancas.html