While it's often framed as a "heads I win (interest), tails I win (the house)" scenario, acquiring the property is rare. Approximately 98% of liens are redeemed before foreclosure. Why It Is a Good Investment
Despite the high potential returns, there are several "traps" for the unwary: What Is Tax Lien Investing and Is It Worth the Risk? is buying tax liens a good investment
Tax liens typically take priority over almost all other debts, including mortgages. In a foreclosure, you are usually the first to be paid. While it's often framed as a "heads I
You pay the delinquent tax bill on behalf of the owner. tails I win (the house)" scenario