Which are you looking to invest in?
: Investors bid a cash amount above the tax debt; the highest bidder wins. buy tax liens online
: On auction day, Mark logged into a platform like GovEase . Instead of bidding up a price, the auction worked by bidding the interest rate down . He set his limit at 10%. When a small residential property came up, the bidding started at 18% and quickly dropped. Mark placed his final bid at 10.5% and won. Which are you looking to invest in
: The investor willing to accept the lowest interest rate wins. Instead of bidding up a price, the auction
Is your primary goal to , or are you hoping to eventually acquire the physical property through foreclosure?
Because tax lien rules vary significantly by state and county, having a clear financial goal is essential before you start. To give you more precise guidance on your potential returns:
: Your money is tied up until the owner pays. You cannot easily "sell" the lien if you need cash quickly.