Over The Counter Tax Certificate Investing
Tax lien certificates can make a great investment. If you are not familiar with tax lien certificates, then see my article entitled “An Introduction To Tax Lien Certificates.”
Many people want to invest in tax lien certificates but stop themselves because they think that they need to go to the live auction to do it. Yes, it’s entirely true. The most common place to invest in tax lien certificates is at the live annual auction. The auction varies by state and even county, so check with your local county tax collector to see when they have their auction.
Can I let you in on a little secret? I have been investing in tax liens for several years now and have NEVER been to a live auction. How can that be, you ask? Easy! I invest in Over The Counter certificates (OTC).
So, what is an OTC certificate and how can you profit from it? An Over The Counter certificate is one that did not sell at the live auction. In many states, when the certificate does not sell, it is “struck off” to the county. The county simply has a list in their office and you just call them up and get it. Then, you do some research, pick out the ones you want and get the lien without any traveling or hassles.
Just because you can buy tax certificates Over The Counter, should you? Well, maybe and maybe not. Remember that in most cases, Over The Counter certificates are liens that did not sell at the regular tax sale. So, there are some precautions that you should take to make sure that you are getting a good deal.
First of all, start with counties that have websites. Luckily, nowadays it is very easy to find a county with a good property research website. Then, you simply enter the parcel number into the website and it will tell you what is there, and how much it’s worth. Ideally, you want to find properties that have a structure already on them, but it’s not always easy to find.
Next, you need to see the total taxes due from all years and compare that to the tax valuation. The reason you need to know this is that in the event of a foreclosure, you will need to pay off all the back taxes. The worst thing is to find out that there are more due in back taxes than the property is worth.
Once, you find that out, then copy down the legal description and call the local Realtor. Tell them that you are planning on investing in a certain property and may eventually need their services to resell it. I have never had a Realtor not give me an honest opinion of an area. Many times, they tell me NOT TO BUY there and that’s ok too. It’s better to find out now than to find out when it’s too late.
And there you have it! With proper planning, you too can be an armchair investor.
Carlos Scarpero
View all articles by Carlos Scarpero
|
|
LAM Research Parts web has complete inventory nwhytech.com $2,800.00 |
|
|
Bio Human Tech.com Medical Research Clinics Studies Technology Web Page Name $1,995.00 |
|
|
Handbook of Research on Text and Web Mining technologies by Yi-Fang Brook Wu… $529.13 |
|
|
Handbook of Research on Web 2.0, 3.0, and X.0, 2-Volume $523.74 |
|
|
DT Research Web DT368 Mobile POS Tablet I.T.E. E221920 $375.00 |
|
|
Handbook of Research on Web Log Analysis NEW $349.71 |
|
|
Handbook of Research on Web 2.0 and Second Language Lea $349.71 |
|
|
Marketing Research [With Web Pass Key] NEW $349.36 |
|
|
Handbook of Research on Web Information Systems Quality $323.71 |
|
|
Handbook of Research on Web Log Analysis $289.69 |
|
|
Web Services Research for Emerging Applications: Discov $239.47 |
|
|
Web Technologies Research and Development – Apweb 2005: $214.01 |
|
|
The Semantic Web: Research and Applications: Second Eur $188.60 |
|
|
The Semantic Web: Research and Applications: 6th Europe $178.73 |
|
|
Web-Based Learning: Theory, Research, and Practice NEW $177.30 |
|
|
Web Accessibility: A Foundation for Research NEW $175.91 |
|
|
Web-Based Learning: Theory, Research, and Practice $174.32 |
|
|
The Semantic Web: Research and Applications: 6th Europe $153.80 |
|
|
Semantic Web Technologies: Trends and Research in Ontol $156.50 |
|
|
The Semantic Web: Research and Applications NEW $151.21 |
|
|
Web Intelligence: Research and Development: First Asia- $139.02 |
|
|
Web Search Engine Research NEW by Dirk Lewandowski $125.03 |
|
|
Web Services Research and Practices NEW by Liang-Jie Zh $134.34 |
|
|
The Semantic Web: Research and Applications: 7th Europe $131.93 |
|
|
NEW Web Search Engine Research – Lewandowski, Dirk (EDT $128.98 |
|
|
Web Accessibility: A Foundation for Research (Human-Computer Interaction Series) $128.49 |
|
|
Modern Technologies in Web Services Research NEW $127.84 |
|
|
The Semantic Web: Research and Applications: 3rd Europe $126.85 |
|
|
Selected Styles in Web-Based Educational Research NEW $121.52 |
|
|
Web Search Engine Research NEW by Dirk Lewandowski $121.21 |
|
|
The Semantic Web: Research and Applications: 7th Extend $120.08 |
|
|
Essential Guide to Using the Web for Research NEW $116.97 |
|
|
Emerging Research in Web Information Systems and Mining $115.93 |
|
|
Advanced Research on Electronic Commerce, Web Applicati $115.93 |
|
|
Advanced Research on Electronic Commerce, Web Applicati $115.93 |
|
|
The Semantic Web: Research and Applications: 4th European Semantic.. – Paperback $108.16 |
|
|
Selected Styles in Web-based Educational Research $103.76 |
|
|
Legal Research Methods [With Free Web Access] NEW $96.04 |
|
|
Web Search Savvy: Strategies and Shortcuts for Online Research (Routledge Com… $93.15 |
|
|
NEW The Essential Guide to Using the Web for Research - $91.40 |
|
|
Progress in WWW Research and Development: 10th Asia-Pacific Web Co.. – Paperback $77.11 |
|
|
Web Accessibility: A Foundation for Research (Human-Computer Inter.. – Hardcover $70.03 |
|
|
Progress in WWW Research and Development: 10th Asia-Pacific Web Conference, APWe $70.22 |
|
|
Web Research in Academic Libraries By Sullivan, Rebecca (EDT) $61.57 |
|
|
Web Research: Selecting, Evaluating, and Citing NEW $60.26 |
|
|
The Semantic Web Research and Applications: 5th European Semantic .. – Paperback $52.72 |
|
|
WEB RESEARCH IN ACADEMIC LIBRARIES – REBECCA SULLIVAN (PAPERBACK) NEW $56.53 |
|
|
L-R-G LRG Roots Lifted Research Group Fast Lane Scout – Web Belt Navy One Size $39.05 |
|
|
Web Research: Selecting, Evaluating, and Citing by Marie L. Radford, Linda R…. $49.95 |
|
|
WEB RESEARCH – SUSAN B. BARNES, ET AL. MARIE L. RADFORD (PAPERBACK) NEW $53.85 |
|
|
L-R-G LRG Lifted Research Group Core Collection Post Canvas Web Belt Black $34.34 |
|
|
Semantic Web Technologies: Trends & Research in Ontologybased Systems [PaperBack $49.00 |
|
|
Essential Guide to Using the Web for Research NEW $41.57 |
|
|
Semantic Web Technologies: Trends and Research in Ontology-based Systems by... $47.99 |
|
|
Introduction to Webometrics: Quantitative Web Research $39.20 |
|
|
DT Research ACC -008-10 USB Cradle for Web DT368 $29.95 |
|
|
Web Search Savvy: Strategies and Shortcuts for Online Research by Barbara G.... $34.95 |
|
|
Essential Guide to Using the Web for Research NEW $38.67 |
|
|
Information Trapping: Real-Time Research on the Web NEW $38.05 |
|
|
Research In Motion (ACC-39317-302) BlackBerry Leather Envelope - case for web... $35.99 |
|
|
NEW The Essential Guide to Using the Web for Research - $34.73 |
|
|
Research on Main Street: Using the Web to Find Local Bu $26.01 |
|
|
Information Trapping: Real-Time Research on the Web ... $16.95 |
|
|
Web Research: Selecting, Evaluating, and Citing (2nd Edition), Marie L. Radford, $14.78 |
|
|
Research on Main Street: Using the Web to Find Local Business and Market Informa $14.40 |
|
|
Web Research: Selecting, Evaluating, & Citing by Marie $1.55 |
|
|
Web Research: Selecting, Evaluating, & Citing by Marie L. Radford, Linda R.... $12.95 |
|
|
About.com Guide to Online Research: Navigate the Web—fr $12.50 |
|
|
Life cycles reincarnation web of life scholarly research children's past lives $12.00 |
|
|
International Journal Of Web Services Research, , Excellent $14.95 |
|
|
About.com Guide to Online Research: Navigate the Web—from RSS and the Invisible $12.48 |
|
|
The American Research University from World War II to World Wide Web:... $8.10 |
|
|
Thomson Engineering Guide to Web Research 2007-2008 ... $9.99 |
|
|
Information Trapping: Real-Time Research on the Web $9.28 |
|
|
Information Trapping: Real-Time Research on the Web $9.28 |
|
|
The Research Paper and the World Wide Web (2nd Edition) $4.95 |
|
|
Conducting Research Surveys Via E-Mail and The Web, Marc N. Elliott, Ronald D. F $7.07 |
|
|
NETTING YOUR ANCESTORS pb Genealogical Research on Web $2.99 |
|
|
The Research Paper and the World Wide Web (2nd Edition), Dawn Rodrigues, Raymond $6.07 |
|
|
Web Research: Selecting, Evaluating, & Citing, Marie L. Radford, Susan B. Barnes $5.99 |
|
|
Web Research: Selecting, Evaluating, & Citing by Marie L. Radford, Linda R.... $1.25 |
|
|
Business Research Methods (with Web Surveyor Certificate and InfoTrac ), William $1.00 |
|
|
Research Paper and the World Wide Web, The: A Writer's Guide by Dawn 013461724X $4.97 |
|
|
The Research Paper and the World Wide Web by Rodriques, Dawn Rodrigue 0130965944 $4.97 |
|
|
The Research Paper and the World Wide Web 2nd Edition by Dawn Rodri 013021020X $4.97 |
|
|
The Research Paper and the World Wide Web (2nd Edition), Dawn Rodrigues, Raymond $3.85 |
|
|
Information Trapping: Real-Time Research on the Web $3.77 |
|
|
Metrokane Classic Rabbit Lever-Style Corkscrew; Foil Cutter,Pourer Stopper, Pink $49.95 Metrokane Rabbit Model 6013 in Pink The Metrokane 6013 Pink Rabbit corkscrew features a precision metal gear mechanism for smoother operation and longer life. It comes in an attractive plastic gift case along with an Extra Spiral and a Pink Foil Cutter, and a Pink Wine Pourer with Stopper. In fact, the Metrokane Rabbit warranty is 10 full years! And Metrokane supports the fight against Breast ... |
|
|
Biology Alive! Signs of Life (Reinforcing the Connections That Make Up The Web of Life) $24.79 Biology Alive! videotape series lets you bring the excitement and motivation of Dr. Eric Strauss into your classroom. Join Dr. Strauss on location as he uses the coastal marine ecosystem of Cape Cod, Massachusetts as a model for investigating biology at all levels. Explore concepts of biology, the evolutionary process, and the nature of scientific research in this series designed to reinforce th... |
|
|
Research on the Internet Videocassette Program $65.00 (1 VHS Video) Introduces students to the fundamentals of conducting research on the internet. Teaches how to use search engines and how to evaluate web sites.... |
|
|
Kenneth Cole New York Women's KC4745 Petite Chic Classic Square Case Watch $57.50 Gold tone stainless steel case includes a polished link bracelet. The convenient push button deployment clasp brings the band together. Classic white dial has complimentary gold tone hands and hour markers. The precise Quartz movement is protected by a scratch resistant mineral crystal. Water resistant.... |
|
|
SVAT CLEARVU11 All-In-One Web Ready 4 Channel Compact H.264 DVR Security System with 15â LCD Screen and 4 Indoor/Outdoor Night Vision Surveillance Cameras $1,199.99 Protect your hard-earned possessions, assets, and family; know who has been on your property; rid yourself of uneasiness when you travel on vacation or business. The CLEARVU11 offers some of the most advanced surveillance options available but in a hassle-free, do-it-yourself approach so you can have a fully functioning security system for your home or business in less time and for less money. The... |
|
|
Science / the Vector File Includes 5 Colors - 24W x 22H - Peel and Stick Wall Decal by Wallmonkeys $30.99 WallMonkeys wall graphics are printed on the highest quality re-positionable, self-adhesive fabric paper. Each order is printed in-house and on-demand. WallMonkeys uses premium materials & state-of-the-art production technologies. Our white fabric material is superior to vinyl decals. You can literally see and feel the difference. Our wall graphics apply in minutes and won't damage your paint or l... |
|
|
Identity Crisis $1.99 ... |
|
|
Sight Unseen $1.99 ... |
|
Sight Unseen [HD] $2.99 … |
|
|
New Chapter Zyflamend Zyflamend By New Chapter – 120 Softgels… |
