Reasons To Purchase Tax Lien/Deed Properties

When people think of someone buying a Tax Lien or Deed Property, they think this is forcing someone that may have fallen on hard times, out of their home or that there is too much involved in the process. In most cases, this simply is NOT the case.

More and more, we are finding that these properties were owned by individuals that have passed away or simply left the property and heirs didn’t want it. In these cases, the taxes go unpaid and the property ends up being auctioned off or sold to the state. 

This is where investors and individuals who want to generate passive income can get some amazing deals. 

The process for purchasing through these sales is not as complicated as most think. While it is true there is a process, in many states, it is not as intensive as buying from a realtor and going through the closing process. 

Many tax properties can go for under $5,000.00 dollars. Some will need lite, moderate, or complete rehab work, we have several that come through that need nothing. 

Many think this has to be too good to be true, how can you own a house for less than $5,000.00? The fact is, the county is only interested in what is due in back taxes. They are not in the real estate business. 

In states such as Alabama, where property taxes are cheaper than some other states, these properties can go very cheap. Again, because the county is only interested in past-due taxes. 

Another side to tax property investing is, for the property owners that have unfortunately lost property due to unforeseen circumstances, an investor can assist these persons to get their homes back in a more structured manner such as payments with interest instead of a lump sum which may have caused them to lose the property in the first place. This allows the investor to make a profit over time while allowing a property owner to keep their home.

There are a variety of ways tax property investing can make a great passive income. A good suggestion is, if you are unfamiliar with the process, connect with an agency that specializes in, and is reputable in tax property investing. Keep in mind, there is a lot of misinformation out there.

Hopefully, this short article has made you consider or reconsider investing in Tax Lien/Deed Investing. We would be happy to discuss the process with you as well as show you properties we currently have available and properties coming up in the near future.

Feel free to give us a call! (205) 697-5183