The Tax Sale Master
Our Classes
Tax Sales Master provides several levels of Education via our Tax Master Membership. Joining our Membership allows you to watch any of our educational videos at any time of your leasure. We provide regular Membership Only videos that will provide you with up-to-date information of Tax Sales auctions in general and at specific States. Here are the different levels of Education we provide to you:
Free Education
Master Education
Auction Education
Advanced Leaders Education
Free Class Training
We start with our Free Tax Sales Class where everyone can come and learn what Tax Sales is all about. The video is about 1/2 hour long to get you acquainted with Tax Sales Auctions. After the class you can decide if this is an Investment avenue you'd want to pursue or not
Tax Sales Master Course
You can join the Tax Sales Membership and enroll in our Tax Sales Master Course. Here you will get more detailed information on each type of Auction and the differences you can expect at these Auctions. Not every State does their Tax Sales Auctions the same. With this knowledge you are equipped to attend a Tax Sales Auction and begin your Tax Sales investment journey.
Auction Preparation Course
In this course, you will learn the steps to take for this State in preparing for the Tax Auction. With your successfully obtained Tax Certificates, you will keep all Profits should the Property Owner pay off the Tax and all the penalties. If they do not, join our Advanced Leaders course to learn what to do when your Tax Lien does not Redeem.
Advanced Leaders Class
Our Advanced Leaders Course is the highest level of education. Here you will learn other methods and tools that will better equip you to successfully buy your Tax Certificates or Deeds. Advanced strategies will be taught on performing your Due Diligence, getting the property before the normal Tax Certificate Redemption period, and preparing you to get your first property faster.
FAQS
What is a Tax Lien Certificate?
A tax lien certificate is a document that is issued by a local government, such as a county or municipality, when a property owner fails to pay their property taxes. The tax lien certificate represents a claim against the property for the unpaid taxes, and it gives the holder of the certificate the right to collect the unpaid taxes, plus interest, from the property owner. If the property owner does not pay the taxes, the holder of the tax lien certificate may have the right to foreclose on the property and sell it in order to pay the taxes. Tax lien certificates are typically sold at auction to the highest bidder, who then becomes the holder of the certificate.
How do Tax Liens Work?
When a property owner fails to pay their property taxes, the local government has the right to place a tax lien on the property. This means that the government has a legal claim against the property for the unpaid taxes. The government will then issue a tax lien certificate, which represents the claim against the property.
The tax lien certificate is typically sold at auction to the highest bidder, who becomes the holder of the certificate. The holder of the tax lien certificate has the right to collect the unpaid taxes, plus interest, from the property owner. If the property owner does not pay the taxes, the holder of the tax lien certificate may have the right to foreclose on the property and sell it in order to pay the taxes. In some cases, the property owner may be able to pay the taxes and have the lien removed.
In other cases, the property may be sold at a tax lien sale to pay the taxes. The proceeds from the sale are used to pay the taxes, and any remaining funds are returned to the property owner.
Is there a Basic Guide to Buying Tax Liens?
Yes, here is a basic guide to buying tax liens:
1. Research the market: Look for properties with unpaid taxes in an area where you are interested in investing. You can find this information through the local government’s website or by contacting the county treasurer’s office.
2. Attend a tax lien auction: Many states hold auctions for tax liens, and you can find out when and where these auctions are held by contacting the county treasurer’s office.
3. Determine your budget: Determine how much you are willing to spend on a tax lien, taking into account the potential return on your investment and the risks involved.
4. Bid on a tax lien: At the auction, you will bid on a tax lien by offering to pay a certain amount of the unpaid taxes. The highest bidder wins the lien and becomes the holder of the tax lien certificate.
5. Collect the unpaid taxes: If the property owner does not pay the taxes, you can collect the unpaid taxes, plus interest, from the property owner. If the property owner does not pay, you may have the right to foreclose on the property and sell it in order to pay the taxes.
Keep in mind that investing in tax liens can be risky, and it is important to do your due diligence and understand the risks before investing. It is also a good idea to consult with a financial advisor or attorney before buying a tax lien.
What Are the Tax Lien Certificate States?
Tax lien certificates are used in many states in the United States to collect unpaid property taxes. Some states that use tax lien certificates include:
Alabama
Arizona
Arkansas
Colorado
Florida
Georgia
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maryland
Michigan
Mississippi
Missouri
Nebraska
New Jersey
New Mexico
North Carolina
Ohio
Oklahoma
Pennsylvania
South Carolina
South Dakota
Tennessee
Texas
Utah
Virginia
West Virginia
Wisconsin
Keep in mind that the specific laws and procedures for tax lien sales may vary from state to state. It is a good idea to familiarize yourself with the laws and regulations in your state before investing in tax liens.
What Exactly is A Tax Defaulted Property Auction?
A tax defaulted property auction is a sale of real estate that has been seized by a local government for nonpayment of property taxes. When a property owner fails to pay their property taxes, the local government has the right to place a tax lien on the property and eventually sell the property to pay the unpaid taxes. This sale is known as a tax defaulted property auction, and it is typically held by the county or municipality that has the lien on the property. At a tax defaulted property auction, interested buyers can bid on the property in an effort to purchase it. The winning bidder becomes the new owner of the property and is responsible for paying any outstanding taxes. The proceeds from the sale are used to pay the taxes, and any remaining funds are returned to the former property owner.
Tax defaulted property auctions can be a good opportunity for investors to purchase properties at a discounted price, but they can also be risky. It is important to do your due diligence and carefully research the property before bidding, as the property may have other liens or encumbrances that will need to be paid off. It is also a good idea to consult with a financial advisor or attorney before participating in a tax defaulted property auction.
What Is a Tax Deed?
A tax deed is a legal document that transfers ownership of real estate from the government to a private individual. A tax deed is typically issued after a tax sale, which is a sale of real estate that has been seized by the government for nonpayment of property taxes.
When a property owner fails to pay their property taxes, the local government has the right to place a tax lien on the property and eventually sell the property to pay the unpaid taxes. This sale is known as a tax sale, and it is typically held by the county or municipality that has the lien on the property.
At a tax sale, interested buyers can bid on the property in an effort to purchase it. The winning bidder becomes the new owner of the property and is responsible for paying any outstanding taxes. The local government will then issue a tax deed to the new owner, transferring ownership of the property.
The tax deed is a legal document that establishes the new owner’s rights to the property, and it is recorded with the county or municipality where the property is located. It is important to carefully review the terms of the tax deed before purchasing a property at a tax sale, as the property may have other liens or encumbrances that will need to be paid off. It is also a good idea to consult with a financial advisor or attorney before participating in a tax sale.
What are the Tax Deed States?
Tax deeds are used in many states in the United States to transfer ownership of real estate that has been seized by the government for nonpayment of property taxes. Some states that use tax deeds include:
Alabama
Arizona
Colorado
Florida
Georgia
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maryland
Michigan
Missouri
Nebraska
New Jersey
New Mexico
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
South Dakota
Tennessee
Texas
Utah
Virginia
West Virginia
Keep in mind that the specific laws and procedures for tax sales and the issuance of tax deeds may vary from state to state. It is a good idea to familiarize yourself with the laws and regulations in your state before participating in a tax sale or purchasing a property with a tax deed. It is also a good idea to consult with a financial advisor or attorney before buying a property at a tax sale or with a tax deed.
What is a Delinquent Tax Deed Auction Sale?
A delinquent tax deed auction sale is a sale of real estate that has been seized by a local government for nonpayment of property taxes. When a property owner fails to pay their property taxes, the local government has the right to place a tax lien on the property and eventually sell the property to pay the unpaid taxes. This sale is known as a tax sale, and it is typically held by the county or municipality that has the lien on the property.
At a delinquent tax deed auction sale, interested buyers can bid on the property in an effort to purchase it. The winning bidder becomes the new owner of the property and is responsible for paying any outstanding taxes. The local government will then issue a tax deed to the new owner, transferring ownership of the property.
Delinquent tax deed auctions can be a good opportunity for investors to purchase properties at a discounted price, but they can also be risky. It is important to do your due diligence and carefully research the property before bidding, as the property may have other liens or encumbrances that will need to be paid off. It is also a good idea to consult with a financial advisor or attorney before participating in a delinquent tax deed auction sale.
