Sunday, November 2, 2008

Buy $1 Million Homes Starting as Low as $1,995

This is the Best Housing Economy in History...for Tax Lien Inventors!
By Melford and Concetta Bibens

There has never been a better time in history for tax lieninvesting, ask anybody that's doing it!

This economy has made getting a house from your Tax lien investment much easier, folks just aren't paying their taxes and the banks are SO heavy in foreclosure inventory that it financially behooves them to write off the note and let the property go!

During a good economy, you can expect to get about a 90% redemptionrate from the home owner.

This means 9 out of 10 people pay their taxes before you, the tax lien holder, gains ownership of the house.

In this instance you get your investment plus high interest back, pretty wonderful worst case scenario, right?

***Now fast forward to 2008!***
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The housing crunch has dropped the redemption rate in many markets to as low as 50%.

This is any amazing turn for Tax Lien Investors, we now have a VERY good chance of getting at least half of the houses we got Tax Liens for.WOW!!!

Back before the current housing crash, I would shop for the highest interest rate assuming that I would only get one to three houses for every ten liens I bought.

Huge governmentally-secured interest rates and a few houses seemed like the smartest thing I could do with my money...it grew fast!

But now...oh my gosh...houses are coming to me left and right!

Not only am I still getting my huge interest rates, but now a ton of my liens are "magically" becoming houses.

Just one quick example, I bought 6 Tax Liens in the last auction in Indiana (I love Indiana because they have a 4 month...YES 4 MONTH redemption period)it's looking good for me to get at least half of them.

That means 50% of my Tax Liens will become houses that I own free and clear for less than $2000 each.

No matter how bad the market is I bet I can find a buyer for ahouse that I can make a profit on if I only need to sell it for $1 more than $2000 to get that profit!
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Best of all, if my buyer gives me a $2000 down payment on a house that I bought for $2000, I'm in a pure profit situation!!!

Your Best Bet...Rent to Own

Creative financing is never more welcome than at a time when the banks aren't loaning money.
I bet there are millions of people in America right now that would kill to rent to own a house with me holding the note. No bank involvement needed!

This scenario is one of the great reasons for tax lien investing,rent to own your way to wealth!

If the Tenant pays off the note,good for them, they get a house for a fantastic deal.

If they don't pay their note down month in and month out, you evict them and get your house right back on the market.

Again, as long as you got enough down payment from the tenant to cover your investment in the house-you are in a total profit situation.

This is the secret to making great money from the homes your get from your tax lien investments, especially in a "down" economy.

There are times in economic history when loans are much harder to get than other times; smarts investor take advantage of these times.

Another great benefit is that you are helping folks out a really bad situation; moral benefits are are great payment too!

So there you go...you're crazy not to get
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and get to work investing in Tax Liens today!

The Tax Lien Market is by far the smartest and safest investmentavailable today!