Have you discovered that 'buying' is the easy part?
-
You attended the tax sale.
-
You purchased tax lien certificates.
-
Now, do you know what happens next?
A tax lien means little until it is foreclosed. This is where you acquire your wealth--when you foreclose.
Foreclosing is the key. It is very important to foreclose as soon as legally possible, and before the taxes are redeemed.
Foreclosing is a complicated, time-sensitive, detailed process. Everything must be done exactly as required by law in order to ensure a default judgement.
This is not a job for amateurs.
Key elements of foreclosure:
-
Accounting. Without good accounting, you will not be able to provide accurate information to the courts, and will not know if you are making money or not.
-
Timing. If you start a foreclosure too soon, you will have to do it again. You also need to foreclose within the window of opportunity, or lose your position and your money.
-
Complex legal requirements. Not meeting all the legal requirements in every area can cost you your investment, and profits.
Our partnerships provide the experience and know-how you need for profitable tax lien investing. |
