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9781427795953

Profit Investing in Real Estate Tax Liens

Profit Investing in Real Estate Tax Liens
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  • ISBN-13: 9781427795953
  • ISBN: 1427795959
  • Edition: 2
  • Publication Date: 2007
  • Publisher: Kaplan Publishing

AUTHOR

Loftis, Larry B.

SUMMARY

Profit by Investing in Real Estate Tax Liens introduces an investment alternative that is safe, secured by real estate, administered by the government, involves no brokers, is enforced by state law, and gives fixed returns. Selling tax liens or tax deeds (depending on the state) are the two ways that counties across the country bring delinquent property taxes up-to-date. This investment is one of the least publicized and safest ways of investing in real estate, designed to give the investor either a fixed return, as in the case of investing in tax liens, or a property for 10 to 50 cents on the dollar, as in the case of a tax deed sale. In most situations, the property is ultimately transferred free of any liens, such as mortgages. Profit by Investing in Real Estate Tax Liens also debunks the common myth that tax delinquent properties are run-down and shows that liens exist on every type of property. Author Larry Loftis, an attorney and active investor, has purchased liens on properties owned by Julius ""Dr. J"" Erving, Hector ""Macho"" Camacho (world champion boxer), Chase Manhattan Bank, LaSalle National Bank, and even a building whose major tenant was the local sheriff's department!Loftis, Larry B. is the author of 'Profit Investing in Real Estate Tax Liens', published 2007 under ISBN 9781427795953 and ISBN 1427795959.

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