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By: william brown

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Friday, 22-Jun-2012 22:56 Email | Share | Bookmark
SCAM? Tax Lien Certificates Probably One Of The Best AllTime In

It's difficult to determine where to put finances these days.I mean, really - exactly what are our main "safe" investment choices now?:Bank account? Sure, nevertheless the paltry interest you'd get will be completely outpaced by expansion. You might actually shed cash keeping it inside a checking (or savings) account.Certificate of Deposit (CD)? Basically a glorified bank account. You'd get more interest than the usual average checking/savings account, nevertheless not by much. The largest drawback is the fact that we shed liquidity, because you need to "lock up" finances for a certain time period.Money market account (MMA)? Better than the usual CD when it comes to liquidity, nevertheless pays less interest. You may get penalized when you write more than a certain number of checks. It's a medium between a checking/savings account along with a CD.401k? This is perhaps the many UNsafe way of them all. Expense ratios are increasing (the expenses of utilizing mutual funds, that usually create up a 401k), as well as the stores have lost and or have been otherwise fairly volatile over the previous few years. It will be a fairly long time until they stabilize again.US Treasuries? When considered the safest investment, the United States Of America is increasingly becoming inside risk of standard on their debt. This truth led to the downgrading of the country's credit ranking. Do you feel secure placing finances somewhere which you might not view again, never attention earn interest?Real Estate? Today we're acquiring warmer. The just condition with traditional property is the fact that it's expensive! Having a 20% down is a must these days, as well as for many people, they simply don't have which form of money.So where is a wise broker expected to put cash where he or she may profit, whether the investment succeeds or when the investment falls from?Enter duty lien certificates. Tax lien certificates offer significant returnswith fairly small risk, that is why less-savvy investors have misguidedly called them a duty lien certificates hoax.When back home taxes are owed, the county issues a lien found on the home. Wanting to get their taxes, the county holds auctions for these liens that investors may buy (for the price of the owed back taxes).Typically, the returns are between 16-18% that is set by the county to motivate delinquent owners to pay their taxes, and also interest investors inside buying them.Plus, because the lien is guaranteed by a real asset (the home itself), when the delinquent owner completely defaults found on the back taxes owed, the lien owner get the home free and clear.\ntax lien scam

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