It's that time of year again and investors are fighting it out for tax lien certificates in Collier County.

All of those do apply here.Additionally, becoming a property owner by way of foreclosure sale and sheriff deed or certificate of title is an operation of law.  

In CA, title insurance companies don't know who the beneficiary of the trust is, they are only entitled by law to a certification of trust which doesn't identify the beneficiary, having said that, not all title company's will insure a title holding trust. 

. :)I am a novice investor currently investing in local Tax Lien Certificates in my area.I am seeking to revitalized this discussion because the most recent post prior to my general inquires are between 2-7 months old.Please feel free to reach and network with me my professional background is taxation coupled with QuickBooks.Anyone interested in jump starting the Tax Lien Certificate forum with new introductions, and information??

(get seller to pay the closing costs and you can get a decent house pretty cheap)The cons: -you will have to pay PMI for life of the loan- contractors that do the work need to have all proper paperwork, and lead cert if doing lead work (these guys can be a lot more expensive)- 3.5% is based on total project cost, not just the price you pay for the home.

Then check the taxes to see if there are any delinquencies there or if a tax lien certificate has been sold on the property. 

See the following link which explains the 401k loan rules.http://www.irs.gov/Retirement-Plans/Retirement-Pla...Also, here is some more information.The Solo 401k loan term is 5 years for general loans.The Solo 401k loan term can be more than 5 years not to exceed 15 years if used to purchase principal residence for you as trustee/participant of the Solo 401k.Solo 401k loan payments are made either monthly or quarterlyThe interest rate for the solo 401k loan is either: A certificate deposit rate plus 2 percent or theprime rate plus 1 percent. 

If so, this must be signed.4) Receipt of insurance certificate naming the lender as an insured party.5) Purchase of a title insurance policy naming the lender as a co-insured ensuring the title is warranteed if you need to foreclose.

Hummm, I’m thinking they are using a tax certificate or something… Not sure how that works, but, if I understand correctly, they pay the taxes for around 7 years and the deed goes to them?

I am wondering if I should start looking into licenses or certificates...