Investing Without Losing

Frederick County, MD releases 2008 tax sale list

2008-05-01T08:25:00.000-07:00

Frederick County will hold a tax sale auction next month, following the release today of a list containing hundreds of properties whose owners have not paid taxes or other charges this year.

The county will ask people interested in bidding on the liens to provide a $1,000 deposit. If the person buys a lien, the amount will be put toward taxes owed. If the person does not buy a lien, the fee will be refunded in full.

Lori L. Decker, CPA
Director of Treasury
30 N. Market Street
Frederick, MD 21701
Ph: (301) 600-1111

URL: http://www.co.frederick.md.us/index.asp?NID=69

Ipswich, Massachusetts Foreclosure Sale - May 7

2008-05-01T08:22:00.000-07:00

Ipswich - For the first time in at least 25 years, a house in Ipswich is going on the block in a tax title auction. It's one of six properties that will be up for bid May 7. The other five are empty lots.

Contact info: www.town.ipswich.ma.us

Tips from successful tax deed investor in Tampa

2008-03-31T09:29:00.000-07:00

Read this balanced article covering a good tax deed investor in Florida. This was by Highlands Today newspaper. Due diligence like in any investment is the difference between profit and loss and this investor has a knack for finding the right properties.

If a tax deed investor pays $4,000 for a Sun'N Lake of Lake Placid lot, he may need to hold it for three years or more, but he can expect to sell it for $8,000 or better, Hill said.

Three to five years ago, when the real estate market was hot, 50 to 100 bidders came to Highlands County Clerk of Courts auctions.

"Some of them were offering more than was owed on the property," said Bob Germaine, senior director of court services.

Hill said he's already sold 40 lots. "More than anyone else this year."

Last year, he turned 196 lots, along with a few houses and commercial properties.

But, said Hill, speculators may have to sit on their investments for two or three years.

Puerto Rico Foreclosures

2008-03-28T05:48:00.001-07:00

If you are interested in Puerto Rico tax deeds/foreclosures, take a look at this site and click on the island (its the one that says PR). They list some properties here from time to time that are from county foreclosures:

http://www.ocwen.com/reo/residential/res_reofindbystate.cfm

P.S. I know most of you know, but Puerto Rico is still in the United States. Just an FYI since some people didn't know Key West was in the United States.

Upcoming Auctions - Gainesville/Alachua County, Florida Offline Tax Deed Auctions

2008-03-24T04:14:00.000-07:00

Hi Folks! There's always a tax lien or a tax deed sale going on somewhere. This posting highlights Gainesville/Alachua County tax deed auctions from March to May.
You can review the parcel numbers and details regarding the property through the following contact:

Clerk of the Court
Room 110
Alachua County Courthouse
201 East University Avenue
Gainesville, FL
Phone: (352) 491-4423

Please remember Florida has a $200.00 deposit requirement.

Number: TD 2008-4
Sale Date: March 27, 2008 at 10:00 a.m.
Certificate Number: 1413
Year Of Issuance: 2000
Parcel Number: 05045-006-017
Homestead Property: No
Opening Bid: $13,507.45

Number: TD 2008-5
Sale Date: March 27, 2008 at 10:00 a.m.
Certificate Number: 5518
Year Of Issuance: 2003
Parcel Number: 19759-000-000
Homestead Property: No
Opening Bid: $1,359.44

Number: TD 2008-6
Sale Date: March 27, 2008 at 10:00 a.m.
Certificate Number: 1802
Year Of Issuance: 2003
Parcel Number: 05716-005-000
Homestead Property: No
Opening Bid: $1,671.51

Number: TD 2008-7
Sale Date: April 3, 2008 at 10:00 a.m.
Certificate Number: 4855
Year Of Issuance: 2003
Parcel Number: 17485-016-000
Homestead Property: No
Opening Bid: $1,448.06

Number: TD 2008-8
Sale Date: April 17, 2008 at 10:00 a.m.
Certificate Number: 4244
Year Of Issuance: 2000
Parcel Number: 16508-001-000
Homestead Property: No
Opening Bid: $6,950.02

Number: TD 2008-9
Sale Date: April 17, 2008 at 10:00 a.m.
Certificate Number: 941
Year Of Issuance: 2001
Parcel Number: 03390-000-000
Homestead Property: No
Opening Bid: $5,029.90

Number: TD 2008-10
Sale Date: April 24, 2008 at 10:00 a.m.
Certificate Number: 5329
Year Of Issuance: 2003
Parcel Number: 18885-002-000
Homestead Property: Yes
Opening Bid: $63,221.39

Number: TD 2008-11
Sale Date: April 24, 2008 at 10:00 a.m.
Certificate Number: 272
Year Of Issuance: 1999
Parcel Number: 01386-100-009
Homestead Property: No
Opening Bid: $5,099.33

Number: TD 2008-12
Sale Date: April 24, 2008 at 10:00 a.m.
Certificate Number: 4102
Year Of Issuance: 2005
Parcel Number: 16520-029-000
Homestead Property: No
Opening Bid: $6,166.62

Number: TD 2008-13
Sale Date: May 15, 2008 at 10:00 a.m.
Certificate Number: 3195
Year Of Issuance: 2002
Parcel Number: 08796-002-000
Homestead Property: No
Opening Bid: $6,066.30

New Web Site Design!

2008-03-24T02:59:00.000-07:00

Please pardon our dust as we continue to upgrade our web site into an easier blog format (hosted by Google). We are redesigning this web site to make it easier to read on the eyes. Please let us know what you think by providing feedback on the discussion board.

We also made it easier to look up upcoming auctions. On the right side of the screen, there is a search box that says UPCOMING AUCTIONS. Simply press enter and it will search the site for upcoming auctions (or you can continue to look up the most recent posts).

Upcoming Auctions - Miami Florida Tax Deed Auctions

2008-02-23T22:43:00.000-08:00

The dates:

April 10,2008
March 20,2008
March 12,2008

More info:

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

Location:

140 W. Flagler Street, Room 908, Miami, FL 33130

Other info:

Effective October 1, 2001, at time of sale a $200.00 Non Refundable cash deposit will be required from the successful bidder pursuant to FLORIDA STATUTE NO. 197.542 (2). The deposit shall be applied to the sale price at time of full payment. Full payment will continue to be due, as described in the STATUTE Within 24 hours from time of sale.

Upcoming Auctions - Throughout the Country

2008-01-08T09:23:00.000-08:00

The United States law enforcement agencies are auctioning some more homes. See below:

Jan 10 - (2) Single Family Homes - Cincinnati, OH
Jan 15 - Single Family Home - Murrysville, PA
Jan 15 - Commercial Land - Robstown, TX
Jan 15 - Commercial Property- Corpus Christi, TX
Jan 16 - Single Family Home - Missouri City, TX
Jan 17 - Multi-Family Dwelling - Knoxville, TN
Jan 30 - Single Family Home - Longwood, FL
Jan 31 - Single Family Home - El Monte, CA
Jan 31 - 4-Unit Apartment Building - Los Angeles, CA
Jan 31 - Condo Unit - Pasadena, CA
Feb 5 - Single Family Home - Alva, FL (details coming)
Feb 7 - Office Building and Airplane Hanger - Las Vegas, NV (details coming) Feb 7 - (3) Single Family Homes - Las Vegas, NV (details coming) Feb 7 - Single Family Home - Henderson, NV (details coming) Feb 12 - Single Family Home - Candler, NC (details coming) Feb 12 - Single Family Home - Chicago, IL (details coming) Feb 13 - Condo Unit - Shoreview, MN (details coming) Feb 19 - Commercial Property - Panama City, FL (details coming) TBA - Agricultural Land - Ninole, HI TBA - Office Building - Oak Park, MI TBA - Single Family Home - Huber Heights, OH TBA - Single Family Home - Guaynabo, PR TBA - Single Family Home - Holly Hill, SC TBA - Single Family Home - Knoxville, TN

More information.

Upcoming Auctions - Miami, FL Offline Tax Deed Auctions

2008-01-03T02:04:00.000-08:00

Happy New Year!

To bring in the new year with a bang, here are some investment opportunities coming up in Miami. They are having several tax deed sales in January 2008. It is going to be located at 140 W. Flagler Street, Room 908, Miami, FL 33130. A $200 deposit is required.

You can look at the dates, here: http://www.miami-dadeclerk.com/tax-deeds/home.aspx

Miami-Dade County was one of the biggest movers in real estate for the past few years. It still attracts tourists and visitors across the world. The properties there have been selling at a discount on these auctions. For more information on how to buy from these govt auctions, make sure to purchase your copy of Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days.

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

2007-12-27T19:08:00.000-08:00

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

2007-12-23T16:27:00.000-08:00

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

2007-12-15T23:58:00.001-08:00

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!

2007-12-07T00:38:00.000-08:00

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

2007-12-06T15:34:00.000-08:00

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

2007-11-25T10:17:00.000-08:00

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

2007-11-05T00:41:00.000-08:00

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

2007-10-31T08:02:00.000-07:00

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

2007-10-15T09:15:00.000-07:00

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

2007-09-14T07:24:00.000-07:00

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

2007-09-02T03:31:00.000-07:00

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

2007-08-27T03:06:00.000-07:00

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...

2007-08-27T02:55:00.000-07:00

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

2007-08-22T20:08:00.000-07:00

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

2007-08-16T14:47:00.000-07:00

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

2007-08-11T21:32:00.000-07:00

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.