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Investing in tax obligation liens with acquisitions at a tax lien sale is just that-an investment. All Tax Sales in Colorado are carried out per CRS 39-11-101 thru 39-12-113 Complying with the tax obligation lien sale, successful prospective buyers will receive a duplicate of the tax lien certification of purchase for each home. Investing in tax liens with purchase at the tax lien sale is simply that, a financial investment.
When a homeowner falls behind in paying residential property tax obligations, the area or district might place tax lien versus the residential property. Instead of waiting for repayment of taxes, governments in some cases determine to market tax lien certifications to private financiers. Your earnings from a tax lien investment will certainly come from one of two sources: Either passion payments and late charges paid by homeowners, or foreclosure on the home sometimes for as little as dimes on the buck.
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