A tax lien certificate is a certificate of proof for investing in a delinquent property. Property owners when refuse or forget to pay their properties tax bills within a year, the property will called as a delinquent property. The delinquent properties are then sold in the auction process where eager investors can bid their amounts for the properties. The winner in the auction process will get a tax lien certificate.
Tax Lien Certificate
A tax lien certificate is a first position lien of a property due to the properties pending taxes. It means the investor is now the legal owner of the property. This certificate has the details of paid amounts, penalties, outstanding debts and the validity period. Normally, a tax lien certificate is valid for a period of 1 to 3 years. The cost of it changes according to the property and vary from below 100 dollars to 100,000 dollars.
Investment
Investment in a tax lien certificate is the most preferred method than other kinds of investment. It is a lossless investment in which investors surely get their invested amount back. To invest, first consult with any one of the tax lien professionals to identify the best property. When the auction date and time comes, bid with the maximum possible amount to increase the chance of victory. Finally, county government analysis the bidden amounts from various investors and announce the winner. The winner will get a tax lien certificate.
About REI Holdings
Most of the people are not aware of this tax lien certificate type of investment. They can easily learn and start their first investment with the help of tax lien companies. Likewise, REI Holdings is a reputed company who help individual investors to get the tax liens and tax deeds in a smart way. Their inventory consists of lucrative tax liens certificates which are hard to buy from the county. They have contacts with influential people in real estate who help them acquire tax liens which were earlier meant only for large institutions. One can easily buy a tax lien today and foreclose it tomorrow without any hindrance. To know more about REI-Holdings visit, https://rei-holdings.com/
Address
2912 Executive Parkway Suite 120
Lehi, Utah 84043
855-598-0658