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Spending in tax obligation liens via purchases at a tax lien sale is just that-a financial investment. All Tax Sales in Colorado are conducted per CRS 39-11-101 thru 39-12-113 Following the tax obligation lien sale, successful prospective buyers will obtain a copy of the tax obligation lien certificate of purchase for each home. Spending in tax liens with acquisition at the tax lien sale is simply that, an investment.
When a house owner drops behind in paying home tax obligations, the county or municipality may position tax lien versus the home. Rather of waiting for settlement of taxes, governments sometimes decide to market tax obligation lien certifications to private investors. Your earnings from a tax obligation lien financial investment will come from one of 2 sources: Either passion settlements and late fees paid by home owners, or foreclosure on the residential property sometimes for as little as dimes on the dollar.
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