What are Florida Government Tax Lien Certificate or tax deed sales? What are the benefits? Incredible returns on your initial investment of 18 to 20%, and sometimes even 25%...that are government guaranteed!

Tax Lien Certificate Sales are a result of homes & properties that the owner has failed to pay the property taxes on. In this case, the gov't puts a lien on the property and gives an investor you to pay their property taxes on their behalf. You will get your return on investment once the property owner pays the taxes back. If the owner doesn't pay the taxes back, you could just as well receive a good three bed, 2 bathroom property for only your small initial investment in Florida!


In Florida, you first need to find your local county real estate tax web site and phone #. To do this, visit google.com and enter your county and state + "property tax collector", "property treasurer" or "property taxes". After you locate your county's real estate tax office, browse their web site, email or phone them and find out where you can find a list of their "delinquent tax properties." (Often it will be on their website, or in a local paper). In addition, ask when the local tax lien certificate sale is held & for a copy of the rules for their tax lein certificate sale. (Keep in mind that various counties and states call the tax lien certificate sale by several different names such as: tax deed sales, tax lien certificates sales, tax lein certificate sale, and tax levy sale...but they're all the same thing.)


After you have found a document of the properties available, you should find out what properties are valuable enough for you to bid on during the tax lien certificate sale and what ones you need to mark off the list. In order to do this, visit your county's property appraiser website and search the public records for every property listed in parts of town that you desire. Usually counties have this info online. If your county doesn't, then you should go to your county property appraiser's office to search documents of the delinquent property records. Overall, the ideal properties you should concentrate on are the ones with the lowest possible risk and the surest chance to sell in case you wind up owning the tax lien house or property. You should stay away from vacant land as a beginner since this type of tax lien is the riskiest. Residential family houses in middle class communities are a minimal risk investment and should be what you start with. Begin to whittle down your list to homes you prefer according to area, recent sales history, and the estimated house value.
To get the estimated house value of a property look on your county's property appraiser website or use websites such as Zillow or Cyberhomes to get a quick estimate.



Next, grab your list of the best properties and go inspect them in person. Get a feel for the community, the exterior of the home, take photographs and notes. This is most important. It is absolutely critical that you visit the property with your own eyes. There have been times when I've done research on properties that have looked like a steal on file, but when I actually looked at the house in person, I discovered that it was a garbage pit! Honestly, you will appreciate yourself for spending the little extra time to visit the property. After you get a few tax lien certificates or tax deed sales under your belt, you can quickly start to research and pick the most profitable properties.


Before going to the tax lien certificate auction or tax deed sale, you have to already know what property or properties you plan to bid on, and what your highest bid is going to be. (As a rule, you should always keep your max bid to at least 60% or less than the estimated market value of the property to leave space for profit and unaccounted for repair costs, etc.) If you should win the highest bid for a tax lein and the delinquent owner happens to pay his delinquent taxes, you can expect a nice return on your money of sometimes twenty percent or better! Should the owner not pay his or her delinquent taxes, you might find yourself becoming the owner of a good piece of property that you managed to get at a bargain price...and it's all thanks to your hard work and research. Either way, if you do it right, it could be a profitable outcome and an exciting project. Most importantly, it is several times safer than investing in stocks, and a more profitable ROI (return on investment) than a basic CD or savings account. (Please notice the warning below).

Investing in real estate tax lien certificates and tax deeds can be very profitable and enjoyable. However, it does require analyzing of properties to minimize risk. This article gives only a general summary of the tax sale process but it does not leave enough space to expand on the specific details.

Pick up a FREE 7 Step Guide for Investing in Tax Liens here:
http://budurl.com/7StepTaxLienGuide