Question by Katia: Tax Liens Sold in Other Countries (outside US)?
Hello! In the US the states have the power to issue a lien on the property when the owner fails to pay property taxes, the investor then buys the lien which pays interest to them at some predetermined or auction settled rate. In the US there are about 25 states (1/2) that do this. I was wondering, from those of you outside the US, if you had any similar investments?
Best answer:
Answer by Ty H
They have them in Great Britain. The percentage isn’t as good as the USA but they still have it. Haven’t heard of other places with it.
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Tags: Auction, Countries, Great Britain, Hello, Investments, Investor, Liens, outside, Property Taxes, Sold, Tax Liens, Ty