Tax Liens Offer Different Bidding Methods

By dhinternational  /  March 31, 2015 / Comments Off on Tax Liens Offer Different Bidding Methods

Tax Liens Offer Different Bidding MethodsThere are different kinds of methods on bidding for tax liens.  Here are some of them that can help you achieve your financial goals:

a. Interest rate
In this type of method, the interest rate is set by the bidders before the lien certificate is bought.  Now since the homeowner would be buying back the lien from you, the interest rate gained from it would give a significant amount of profits in return.  In fact, the state guarantees this with their laws.

b. Bid down ownership
You are given an option to bid down the percentage of future ownership when tax lien certificates are purchased.  The amount from the ownership is a factor for the percentage of the total profits.  You get a certain amount of profit percentage and the homeowner would take the rest of the share.

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