Take Time in Tax Lien Auctions and Do Not Rush
June 17, 2018
Types of Tax Lien Properties Investment
June 19, 2018
What is a tax lien? It is an encumbrance on a property to secure a tax debt by the owner, who owes it to a lender or the government. The lien holder can be an individual, bank, credit union, finance company, or other financial institution, which the property owner has signed an agreement to lend money using a particular asset.
A lien holder can lay claim to the tax delinquent property if the loan is not repaid within a time frame. The tax lien certificate of the property would then be sold at a public auction. This way the lien holder can get the money back.
Michael Schuett
Michael Schuett is a Real Estate Investor & Entrepreneur.
He holds monthly seminars in South East Asia and Europe about Real Estate Investments, Tax Deeds Investing, and Flipping in Emerging Markets and continues to build his own strong Real Estate Portfolio in various cities.
His companies are currently holding several properties in Miami, Tampa, Berlin, Hamburg, Bangkok and Kuala Lumpur and have successfully established the first Real Estate Development agency in Thailand.
