Buying Tax Lien Certificates through the Mail

By dhinternational  /  May 26, 2011 / Comments Off
Buying Tax Lien Certificates through the Mail

Buying Tax Lien Certificates through the Mail

Is work keeping you from attending county tax sale auctions? Ever thought of buying tax lien certificates through the mail?

Yes, buying tax lien certificates through the mail is indeed possible and a lot of states in the US actually allow that. Why? These states permit this for tax liens that are considered to be left-overs and some states even give consent to mailed bids for their tax lien sales. Honestly, buying tax lien certificates through the mail do not pose a problem as long as you have already done proper due diligence on properties you want to place your bid onto. But you have to consider as well that it will be a big disadvantage when you have bid mailed for the county tax lien sales.

One suggestion, learn the procedures of the tax sales in the county you plan to purchase the tax liens. If your bid has been read out loud during the sale and those people at the auction sale have the chance to outbid you, this is not a good sign. It is always the investors present at the tax lien sale who will usually have the bigger advantage than you.

There are always a couple of states that allow for selling over-the-counter liens or assignment liens or commonly called as leftover liens via mail. Just always remember to be cautious though when doing due diligence on these properties, do it before you even place your bid! You have to realize that most of these properties have reasons why they were not bought by other investors at the tax sale. Thoroughly check the property before you decide to get it. With these in mind, buying tax lien certificates through the mail couldn’t be easier.

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