Zero Risk Real Estate: Creating Wealth Through Tax Liens and Tax Deeds

Do You Really Want To Own It?

Things change. You may have gotten into a tax lien investment, and after several years you decided that the property was no longer attractive to you, or it didn’t fit within your investment objectives. Maybe the property has a major defect or structural problem, or someone put in a landfill across the street. So the main question is—do you still really want to own it?

I hope that the answer is still yes. But if it’s not, then you need to look at liquidating your position and recouping your investment. You are still at Zero Risk for a couple of reasons. First, your research determined that you were well protected in the value of your investment. Second, while it’s not large or established, there is a market for matured tax lien certificates. This allows you to sell your interest to another investor who is experienced and interested in the foreclosure of your lien interest.

There are a couple of resources listed in this book’s Appendix, or you can check out the Zero Risk Resource Center for ideas and links. One source where I have seen tax sale certificates sold is right on eBay! Just be aware that you may be giving up a huge profit potential, even on the seemingly redeemable situations.

Even if the thought of having to foreclose on someone’s home makes you feel uneasy, you have to treat this as a business. You are not the one who did not pay the taxes that were owed on a piece of property. You are not the bad guy, and don’t ever let anyone make you ...