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Investing in tax obligation liens with acquisitions at a tax lien sale is just that-a financial investment. All Tax Sales in Colorado are conducted per CRS 39-11-101 thru 39-12-113 Complying with the tax obligation lien sale, effective bidders will receive a duplicate of the tax lien certification of purchase for each residential or commercial property. Investing in tax obligation liens with purchase at the tax obligation lien sale is simply that, a financial investment.
When a homeowner falls behind in paying home tax obligations, the area or town might place tax lien against the residential property. Instead of waiting for repayment of taxes, governments occasionally choose to market tax obligation lien certificates to exclusive capitalists. Your earnings from a tax lien financial investment will certainly come from one of two resources: Either rate of interest settlements and late charges paid by property owners, or foreclosure on the home in some cases for as little as cents on the buck.
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