Tax Lien Foreclosures
When buying the full spectrum of tax liens, including vacant land. approximately 80% of tax liens will be paid without any collection efforts. Of the remainder, 20% will require filing for a tax deed (a tax foreclosure action), 18% would be filed upon (with 2% not worth filing on and subsequently written off) 17% will be paid after foreclosure actions begin, and the remaining 1%, via foreclusure, will become the property of the lien holder. These forclosures typically are lower end properties but occassionally can be quite profitable. Less foreclosures will be obtained by concentrating on higher valued properties where the percentage of liens written off would also be reduced.
Current Tax Lien Foreclosures
Lien $25,000
Assessor FMV: $144,000
Lien $8,753
Assessor FMV: $131,900
Lien $13,000
Assessor FMV: $95,700
Lien $19,200
Assessor FMV: $111,300
Lien $12,500
Assessor FMV: $167.800
Lien $14,100
Assessor FMV: $101,700
Lien $27,700
Assessor FMV: $172,000
Lien $10,000
Assessor FMV: $209,500
Lien $27,100
Assessor FMV: $215,000
Lien $51,000
Assessor FMV: $493,100
Lien $28,000
Assessor FMV: $309,200
Lien $33,900
Assessor FMV: $224,200
Lien $37,100
Assessor FMV: $169,100
Lien $33,200
Assessor FMV: $137,300
Lien $10,500
Assessor FMV: $161,000
Lien $36,700
Assessor FMV: $161,600
Lien $47,400
Assessor FMV: $263,600
Lien $23,000
Assessor FMV: $176,900
Lien $14,200
Assessor FMV: $132,600
Lien $10,000
Assessor FMV: $177,100
