TaxSaleLists.com - Lists and Manuals for Tax Lien and Tax Deed Sales Nationwide

Why do people invest in tax sales? The answer is quite simple - they are looking for ways to make money. In this discussion we are going to explain what you need to suceed in this business. I don't want to give you any of the hype you find some places, we are going to stick to the facts.

This is a business that requires information, just like any investment, you have to know the facts if you are going to succeed. What is it you need to know? Let me list some of things.

1. When is the sale? Date it occurs.
2. How many properties are on the sale?
3. What type of sale is it?
   1. Deed sale
   2. Lien sale
   3. Redeemable deed sale
   4. Tax Taking
   5. Lands Available sale
4. What type of properties are on the sale?
   1. Single Family Residential
   2. Multi Family Residential
   3. Multi Purpose Commercial (can be used for several types of businesses)
   4. Single Purpose Commerical (a theater, car dealership, restaurant, etc.)
   5. Agricultural Property
   6. Vacant, Improved (streets and utilities are in)
   7. Vacant, unimproved (raw land)
   8. Industrial land
5. What are the sale methods being used?
   1. Auction type (there are several different types of auction methods)
   2. Payment requirements.
      1. Deposit up front
      2. Payment day of sale
      3. Payment after day of sale
   3. Payment method required
      1. Personal check
      2. Bank check
      3. Wire transfer
6. What is the due diligence process?
   1. Internet
   2. Assessor's website
   3. Personal inspection
7. What is required after purchase of the lien/deed?
   1. Noticing
   2. Legal requirements
   3. Other required actions by the buyer
8. What is required to take title to the property
   1. For lien buyers
   2. For deed buyers.

As you can see, there is a lot of information that you need to find out about a tax sale. How can you get this information. We, here at TaxSaleLists.Com feel we are the source of this information. We post over 10,000 tax sale lists a year (over 2.7 million properties) and we provide this information to our clients. We are the only site in the US that does that.

What you want to be careful about:

1. Be careful about spending a lot of money (I know that is a relative term) for instruction on how to learn about tax sales. You can spend anywhere between $19.95 to $15,000 for "training". Unfortunately, price level is not an indication of how good a program is. Make absolutely sure that whoever you pick for instruction has a track record of actually doing it (more than a couple of hundred liens or deeds).
2. I have found very few training programs that cost more than $1,500 to $1,900 dollars that provide additional knowledge that justifies the increase in price. In fact, in a lot of cases, the opposite is true.
3. Research whoever you decide to go with.

I hope this is of some help to you, and if you would like to learn more, come to our free workshop we do each week, "An Introduction to Tax Sales". Yes, we will attempt to convince you to take our training program, but that is less than 10 minutes of a 60 minute workshop. The other 50 minutes are hard facts about tax sales and how to profit from them.

Have a great day,

John Lane, CEO

TaxSaleLists.Com llc