What do you think about tax lien certificates?
Submitted by: fyre_eyze
What are the pros and cons of tax liens certificates? I'm more interested in the risks everyone talks about.
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July 10th, 2008 at 8:34 pm
From what I understand they are not as risky as other types of investments and they pay a fairly good interest rate. The cons are that they are not sold in every county/state in the nation and they tend to require a large up front investment. If the person cannot pay back the lien, you get the house/property, but this rarely happens.