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Updated about 3 hours ago on . Most recent reply

User Stats

74
Posts
8
Votes
Abdenour Achab
  • Investor
  • Folsom, CA
8
Votes |
74
Posts

Question To Wil Sifert: How many of those 200 Colorado tax liens do you still have?

Abdenour Achab
  • Investor
  • Folsom, CA
Posted

Hi @Will Sifert,

If I remember correctly, about a year ago, you went crazy in some Colorado county and bought about 200 tax lien certificates.

How long ago was that?

How many of those tax liens do you still have?

Of those, how many do you believe are worth subtaxing and paying for the foreclosure cost?

When will the redemption period expire?

I suspect the only way to find out whether buying tax lien certificates at an auction is worth it is to go big like Will Sifert did. 

I too went crazy in a rural Arizona county a year ago and bought 159 tax lien certificates. Of those, I have 48 left. 46 of which I plan to subtax (NOT 47 like I stated in a separate thread). Two years, plus foreclosure time, remain the redemption periods. 46 are the ones I believe are worth subtaxing and paying for the foreclosure cost.

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