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Updated about 4 years ago on . Most recent reply

Tax Lien Certificate Sale Success Rate
I've been reading up on tax lien sales and just curious -- how competitive is the bidding for tax lien certificates? Is it pretty tough to get at a good deal on them, or are there plenty to go around?
Most Popular Reply

It depends on where you are. I have seen the interest rate bid down to as low as 2.5% in Baltimore and less than that in Anne Arundel county in Maryland.
But just like any investing the best deals are the needle in the haystack. How good are you at finding them.
As far as the Ebay buyers paying a premium I haven't a clue why they would do that. Maybe they believe the late night TV guru hype. You might as well buy lottery tickets.
Ned Carey