Ringing Ceders

While it is true that the property owner will often pay 15% interest and the county will forward that money to you as the lien holder, you don’t necessarily get to buy the lien at face value. Even if you buy tax lien homes directly from the long time owners, some of the best deals can come from situations like that. An investor is not required to attend the auction to make a purchase. A tax lien can be bought over the web and by mail. The certificate does not give any property rights to the investor only the right to collect payment and any interest due on said property.