Home, first-time buyers, mortgages

Investing Opportunities with Tax Sale Properties

Saturday, January 17th, 2009

As you can see from above, buying a tax deed provides you with a property full of equity. You can then obtain a line of credit against the available equity and use those funds to invest in more properties. For example, let’s say you have just obtained a $100,000 ...

Posted in Taxes | Comments Off

Mechanics of Real Estate Taxes

Wednesday, October 22nd, 2008

The real estate taxes assessed by the local taxing authority have primary lien on the property. This primary lien means that they are the first to be paid from any sale of the property. This lien also allows the taxing authority—or their assigned agent—to foreclose on the property if ...

Posted in Taxes | Comments Off