Archive for the ‘Tax Lien Sales’ Category
Tuesday, December 28th, 2010
Question by joan: How can you learn to evaluate and appraise property being auctioned for tax deed and tad tax lien sales?
Northern central Florida is the immediate area of interest. Currently I have no resources for buying, fixing and selling. Looking to buy decent property as is at tax deliquent auction at a price I can make a profit
Best answer:
Answer by DJ
Look at the surrounding area and see if any homes are listed for sale, check real estate trends, condition of the property, location. Location is critical. People will pay a premium if the home is in a nice neighborhood. Get an appraisal book from the library if you want to learn more specific details. Or you can pay an appraiser a small fee to give you some pointers for your area.
Give your answer to this question below!
Tags: Appraise, Auctioned, Being, Central Florida, Deed, Dj, Evaluate, Learn, Lien, Location Location, Nice Neighborhood, Pointers, Property, Property Location, Property Tax, Real Estate Trends, Sales, Tad, Tax Auction, Tax Deed, Tax Lien Sales, Tax Question
Posted in Tax Lien Sales | 1 Comment »
Tuesday, December 28th, 2010
Question by Truth, Justice and the American Way: Does a business sales tax lien accrue interest after it is filed with the state?
Our business went down the tubes and we owed sales tax in Arkansas; the state filed a lien against me…is this still accumulating interest? I paid the original amount and asked to be forgiven the interest and penalty, never heard a word from them and after checking with the courthouse they never received notice from the state on any payment.
Best answer:
Answer by Bash Limpbutt’s Oozing Cyst©
Interest has been accumulating from the date that the sales tax return was due until the tax was paid. If you paid only the tax, interest would continue to accrue on any unpaid interest and penalties.
If there’s no record of the payment, check with your bank and pull a copy of paid check. The state will accept that as proof of payment and adjust whatever you owe to the date of that payment.
Penalties can sometimes be waived if there’s a compelling reason, however interest would only be waived (actually abated) if the payment date was wrong.
Know better? Leave your own answer in the comments!
Tags: accrue, After, American Business, Arkansas State, business, Business Sales, Business Tax, Cyst, filed, interest, Lien, Payment Date, Payment Penalties, Proof, Reason, Sales, Sales Tax, State, State Question, Tax Interest, Tax Lien, Tax Return, Truth Justice And The American Way, Tubes, Unpaid Interest
Posted in Tax Lien Sales | 2 Comments »
Tuesday, December 28th, 2010
Question by lilyvix2: How can I get a Tax Lien Sales list for Wisconsin without joining a site?
I need to get a Tax Lien Sales/Auction list for Sawyer County Wisconsin, but I don’t want to pay to join a site. Can you help me?
Best answer:
Answer by Dawg
contact your local IRS office they can send you in the right direction and let you know if they advertise the auctions in the local paper or other local publication
Know better? Leave your own answer in the comments!
Tags: Auction List, Auctions, Irs Office, Joining, Lien, List, Right Direction, Sales, Sawyer County Wisconsin, Site, Tax Auction, Tax Lien Sales, Wisconsin, Without
Posted in Tax Lien Sales | 2 Comments »
Tuesday, December 28th, 2010
Tax lien sales
shock, dismay
Tax lien sales
shock, dismay
Read more on Atlanta Journal-Constitution
U.S. Consumer Confidence Deteriorated in December
Separately, the latest housing report showed that prices in 20 major cities declined 1 percent in October, faster than the 0.6 percent drop expected.
Read more on New York Times
Consumer confidence slips as home prices decline
Consumer confidence unexpectedly deteriorated in December, while prices of U.S. single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy’s recovery.
Read more on Reuters via Yahoo! News
U.S. consumer confidence slips as home prices decline
U.S. consumer confidence unexpectedly deteriorated in December, while prices of U.S. single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy’s recovery.
Read more on Reuters via Yahoo! News
Tags: Atlanta Journal Constitution, Consumer Confidence, Decline, dismay, Economy, Lien, Major Cities, New York Times, Optimism, Pace, Report Showed That, Reuters, sales
shock, Sales Tax, Separately, Shock, Single Family, Slips, Tax Lien Sales, Yahoo, Yahoo News
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Saturday, January 23rd, 2010
In April I went to a tax sale in New Jersey. Here?s what I noticed at this tax sale. There were more properties available than last year, but there were also more bidders. A couple of institutional buyers showed up who don?t normally come to this particular tax sale. At least they weren?t there in 2007 and 2008. And there were also a couple of new companies that I haven?t seen before, after talking to them I learned that one of these companies just started earlier this year and the other is into tax lien investing again after being away from it for a few years. There were also a couple of new investors just checking on what this tax lien investing thing is all about as well as the usual crowd.Most of the ?good? properties ? by good, I mean safe properties, properties that you know are going to redeem and have a decent looking structure on them, went at premium, except for one that went for 1%. There were a few parcels of vacant land and one trailer that went from 17% to 18% and there were a few pieces of undesirable vacant land that went to the township. There was one very large lien (over $60,000) that originally was struck off to the township, but one of the investors got it at 18% after the tax sale. It was a corner lot with some old barns on it.I went to this sale in order to pay the subsequent taxes on two of my liens to keep them out of the tax sale, and to see if I could pick up another lien. I was able to get a lien on a nice building lot for 18%. The lien was for around $2600.
Tags: April, Bidders, Building Lot, Crowd, Field, From, Institutional Buyers, Investing, Investors, Lien, Old Barns, One Trailer, Parcels, Pay Taxes, Tax Lien, Vacant Land
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Sunday, January 17th, 2010
All of us would like to provide shelter and protection for our family. For us to be able to do this, our first consideration is to find a good place that can be our family?s home or haven. We want to have our very own place where we can spend and cherish the happy moments with our families. Finding the home deserved by you and your family can be easily located through different tax lien listing websites. In these sites, you can find great lists of tax lien properties as well as government tax sale properties.
Buying tax lien properties as well as government tax sale properties is more advantageous to get. They are a lot cheaper compared to the regular properties for sale. This is really a great opportunity for everyone who wants to save when buying lots and houses. To maximize your search when buying properties, look for the best tax lien listings which gives complete coverage of various private and government deed sales, auctioned properties, tax lien and many more, you can surely have a good selection to pick the best.
Did you hear about the sub-prime foreclosure issues these days? It can give you more property selections for sure.
Tags: Buying Tax Lien Properties, Family, Finding, Finding A Home, Foreclosure, Government Tax, Happy Moments, Home, Houses, Lien, Listings, Lot, Opportunity, Property Selections, Sales Tax, Tax Lien Properties, Tax Sale Properties
Posted in Tax Lien Sales | 1 Comment »
Saturday, January 16th, 2010
Each and every owner of any kind of property is required file property taxes that is applicable to the stat and local governments. The tax will be based on the value of the property that is been owned and also in which state the property has been owned. Sometimes these taxes are referred to as the Real Estate Taxes.
Sometimes there arises some severe condition where the owner of the property will not be able to pay the property taxes that are required to be paid. When this problem arises the owners of the properties become delinquent. Once if the delinquency has been recognized, then the in charge of collecting the property taxes will be upon the appropriate governing authority. Then the appropriate governing authority will collect the tax by tax auction or through tax sales.
All states in the country have their own set of separate laws that are regarded to the course of acts in collecting the delinquent taxes. Most of the times, the local government will be put in charge in this procedure of collecting the taxes. These property taxes that are collected are basically used for the betterment of the local communities. Actually there are 2 types of Government Tax sales that are used; they are Tax Lien Certificates and Tax Deed sales
The local government that is responsible will hold an auction called as Tax Sale for the Delinquent Tax properties. Normally the general bid will be the total sum of the taxes that is owned, any administrative charges and also the interest on the amount that is owed. The bidder who will bid for more at the tax lien auction will be awarded with the deed of the property. Please note that different set of rules are being followed by different states. The rules that are followed by the states will be regarding the restrictions on the possessions and also the time lapse that is required before a person is assigned with the absolute deeds.
The tax lien certificates will also be valued and auctioned at the amount of taxes that owed along with the interest and administrative charges, but this is the place where all the similarities will come to an end. In the cases Tax Lien Certificates, there will not be any transfer of the property deeds during the time of auction. Once if all these tax lien certificates are sold out, then the delinquent tax payer have to pay back the lien amount plus the interest charges that is occurred. Normally, about 16% to 18% will be paid back to the certificate owner.
In case if the delinquent tax payer fails due to pay the amount due to some reasons within the stipulated time that is fixed by the governing authority, then the tax lien certificate owner cane be awarded with the deed of the property only after the foreclosing on the lien in proper manner. So get to know prior information on tax liens, tax lien auctions, government tax liens and much more.
Do you need complete government listings for sales of liens, Tax lien auction, government tax liens, government tax sale properties and make profit from tax sales? Log on to http://www.taxsalelists.com and get all the useful information.
Tags: About, Administrative Charges, Betterment, Delinquency, Delinquent Tax Properties, Delinquent Taxes, Governing Authority, Government, Government Tax Sales, Know, Liens, Local Government, Local Governments, More, Possessions, Property Taxes, Real Estate Taxes, Stat, Tax Auction, Tax Deed Sales, Tax Lien Auction, Tax Lien Certificates, Tax Liens, Time Lapse, Types Of Government
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Friday, January 15th, 2010
Are you stalled in your tax lien investing because you think you need to know more before you get started? Tax lien investing is really not that complex. You just need to follow these 5 basic steps.1.
Tags: Basics, Investing, Investing Basics, Investor, Lien, New Investor, Tax Lien Investing
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Thursday, January 14th, 2010
There are times when a property owner is unable to pay the obligation in property tax. When this happen, a property owner becomes a delinquent taxpayer and a governing authority is in charge of collecting the taxes. However, if the authority is not able to collect the required property taxes, they will opt to take the final step to collect the taxes. The public tax lien auction is the final step that will take the delinquent properties to be sold. Tax lien auction is an auction ordered by the court depending on the nature of sales in the form of tax lien certificates or tax deed sales.
Tags: Auction, Delinquent Properties, Delinquent Taxpayer, Find, Governing Authority, Lien, Obligation, Property Owner, Property Tax, Property Taxes, Public Auction, Tax Auction, Tax Certificates, Tax Deed Sales, Tax Lien Auction, Tax Lien Certificates
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Wednesday, January 13th, 2010
Buying tax liens can be difficult to say the least if you?re a beginner to real estate investing. Whether you are interested and buying tax lien properties for the huge returns on your investment or just investing for the great interest rates with certificates, tax liens sales are a great way to get started in real estate investing.
Before you start investing in tax liens there are a few things that you should know. Although tax liens are considered by many to be one of the safest forms of investing you must to 3 things before investing, and that is research, research and research.
The whole point of tax lien investing is to end up obtaining a return on your investment that would be greater than the estimated value of the property. With that being said it would be pointless to invest in a property that is worth less than the price of the tax lien certificate.
After you?ve found a tax lien certificate or property that you feel you are interested in and is worth your time, the next step is to find out if the property has any encumbrances that would prevent you from cashing in on your tax certificate or property.
For example, if you have a property that is sitting on an abandoned gas station and needs to have the old tanks dug out than that could prove to be a worthless investment. If you?ve done your research prior to making your investment you can prevent losing your investment by doing something as simple as researching the area that your property is located on.
Although there are some risks associated with buying tax liens, they can and still are by many to be one of the safest forms of investing. Many property tax lien certificates are government backed. So if you are not able to have to property owner pay the back taxes during the redemption period, you can be guaranteed a certain return on your investment.
Tags: 3 Things, Back Taxes, Basics, Buying, Buying Tax Lien Properties, Buying Tax Liens, Encumbrances, Gas Station, Interest Rates, Investing In Tax Liens, Lien, Old Tanks, Property Owner, Property Tax Lien, Real Estate, Redemption Period, Start Investing, Tax Certificate, Tax Certificates, Tax Lien Certificate, Tax Lien Certificates, Tax Lien Investing, Tax Lien Properties
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