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Investing in tax liens through acquisitions at a tax obligation lien sale is just that-an investment. All Tax Sales in Colorado are carried out per CRS 39-11-101 thru 39-12-113 Complying with the tax lien sale, successful bidders will receive a copy of the tax obligation lien certification of acquisition for each residential property. Spending in tax liens via acquisition at the tax obligation lien sale is simply that, an investment.
When a property owner drops behind in paying property tax obligations, the county or district might place tax lien versus the residential or commercial property. Instead of waiting for payment of taxes, governments often make a decision to market tax obligation lien certificates to private financiers. Your revenue from a tax lien investment will come from one of 2 resources: Either passion payments and late fees paid by homeowners, or foreclosure on the home in some cases for as little as pennies on the buck.
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