Actually, I think they get a "certificate of purchase" which gives them the ability to eventually buy the property.

Some recommend that you get a contingent commitment from the title company that if you do buy a property they agree to write the title insurance.Note an auction of tax lien certificates is really a sale of the TLC from the county to you.

As an example, do you know how to invest in Tax Lien Certificates and Tax Deeds?

He sold off his program and they market it.Tax lien certificates (TLC) and tax deed sales are the two major topics you can search on.

Top worries in my mind right now are:- Which Property Management company should I use (if you guys have any recommendations in the leominster, MA area - that would be cool)- One of the 6 units does not have a lead certificate and how much of a big deal this can be.Marcelino

I won't issue any payment until I have a signed contract, W-9 and insurance certificate on file.

Maryland is a good state for tax lien certificate sales because the interest rate is 6% to 24%, but each county and/or municipality handles sales differently, which can make it a pain to track what is going on.VERY IMPORTANT: The redemption period is six months to two years, again because counties and municipalities have different rules.

@Tony SepassiAbout half the states are Tax Certificate states and about half are Tax Deed States, rules vary widely, here all liens transfer to the new owner including taxes, municipal liens, mortgages, liens, judgments, etc.

Hi all,

As I said in the other post, http://www.biggerpockets.com/forums/70/topics/116927-results-for-first-time-tax-lien-investment-in-az , I won 8 tax liens in Coconino county. I wonder what I should do to ...

Asking for a new heating system is a long shot , if the seller goes for it great , I seriously doubt that they will .Get all the certifications from the removal company and state prior to closing .