subject: Tax Liens Investing [print this page] My wife and I have been secretly buying and selling "tax liens" for years, and have quietly made a fat fortune! - And hardly anyone knew what we were doing (Ha!)
This little "secret" was a blast, and we felt like we were the only ones in on the joke!
In case you don't know exactly what a "tax lien" is, it's this:
Sometimes a home owner loses their home because they failed to pay the Government taxes owned on that property - and the local county government puts a lien on the home (called a "tax lien") and usually gives them a period of time in which to make good.
Now, at this point you're most likely wondering is there any way to determine ahead of time exactly which property owners are going to pay you back, or go belly-up so that you own their properties free and clear?