The State authority imposes Property taxes with the help of local municipalities. When the property owners skip paying these property taxes for a long period, then these properties will be added to delinquent property tax list. The State governments auction these delinquent properties in various forms to balance the tax money for public reforms. These delinquent tax properties offer extra-ordinary profits for investors with high-interest returns. Here are the three potential ways to get huge profits from tax delinquent properties,


TAX LIEN INVESTING

If the property owner does not pay the property taxes, the authorities of that State County impose a lien against the property. They auction these lien certificates to the public for tax closeout. When the property owner chooses to recover the property, he/she should pay the lien amount plus the interest rate fixed by the State County. The premium goes to the tax lien purchaser, who had initially acquired the property lien at the auction. The interest rate can hike up to 18% at regular intervals and this rate varies from State to State.


TAX DEEDS INVESTING

Tax lien and deeds investment can be different investment platforms but they serve the same purpose of State government. It solely depends upon the State authorities whether to auction liens or deeds certificates for delinquent tax properties. The State Counties impose a lien on the property and when it stays unsold for over a long period, they will sell the property. This procedure is called tax deed investment, where the entire delinquent property will be auctioned with a discounted market rate.


PRE AUCTION INVESTING

Investors have the alternative to purchase the property legitimately from the proprietor before it goes to the auction. The trick here is to look for the delinquent property tax list, before the auction and hit an arrangement with the proprietor. There is likewise an approach to tie up these delinquent properties before the sale with $1 Option and have this alternative to enhance at the auction. By doing this you can take guarantee on the property, paying little at the sale.


ABOUT REI HOLDINGS

REI Holdings is a highly credible consultancy providing financial investment services. The primary goal is to provide a platform for small-scale investors to buy exclusive tax lien and deeds certificates. They offer effective tax lien declarations at moderate rates to investors. Guaranteed and confided tax lien certificates can give large benefits. To know their delinquent property tax list, visit https://rei-holdings.com/


ADDRESS

2912 Executive Parkway Ste.120
Lehi, Utah 84043
855-598-0658