Tax Lien is defined as a claim against a property for repayment of a loan

There are times when a property owner is unable to pay the required property tax. At such a time they become a delinquent taxpayer and the appropriate governing authority is in charge for collecting property taxes. When a real estate owner does not pay their property taxes, counties selltax lien certificates to investors. When a property owner fails to make court-ordered child support payments, the state government places a lien against the property's title. The government gets its property tax money immediately. The investor buys a tax lien, which is then secured by the real estate. When investing in Tax Liens you need to first STOP and think about what you want to accomplish. A lien is defined as a claim against a property for repayment of a loan or other judgments. A little investment of research time can make the difference between a nice profit and a financial and legal nightmare!

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