Buy Home Past Taxes And Start A New Career

Sadly, many people are just unable to pay their home taxes and end up owing the government.  The government will try to collect but will eventually allow investors to buy home past taxes.  Investors who buy home past taxes can then make an effort to collect these from the owner with a fee, typically about 20%.  If the owner is unable to pay then the investor has the legal right to foreclose on the home.  Yes, you can buy home past taxes and eventually own a home with a whole lot of equity.

For example, Mr. Jones is into the county for $2,400 in property taxes and he is unable to pay them.  The county then assesses a lien against the home for $2,400.  The county tries to collect the past taxes unsuccessfully and makes the lien certificate available for sale.  You then have the opportunity to buy home past taxes in the form of a lien certificate from the county for $2,400.

After you buy home past taxes on Mr. Jones’ house, Mr. Jones then owes you $2,400 plus your fee of 20%, for a total of $2,880.  You send Mr. Jones a letter telling him that because you were able to buy home past taxes on his home, his tax debt is paid but he now owes you $2,880. 

Two things can happen.  Mr. Jones might appreciate that you were able to buy home past taxes on his home and alleviate his debt and contact you to arrange payment, on your terms of course.  When he pays, you have made a nice profit and Mr. Jones can continue enjoying his home.  When you buy home past taxes you could be doing yourself a favor while benefiting the homeowner, too.

Alternatively, you could buy home past taxes on Mr. Jones’ house and inform him of your transaction only to find out that Mr. Jones still cannot pay.  Did you make a mistake to buy home past taxes?  Not in the least.  You must continue your collection efforts for the amount of time your contract states, and at the end of that time you can foreclose on Mr. Jones’ house.  The house then becomes yours to move into or put on the market at fair market value.  You can buy home past taxes for $2,400 and eventually sell the home for $100,000 or more!

If you are not an investor already, you can become one for a small investment when you buy home past taxes and be on your way to a new and rewarding career.
 

Privacy Statement >> Terms And Conditions