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Investing in tax liens through purchases at a tax obligation lien sale is just that-an investment. All Tax Obligation Sales in Colorado are carried out per CRS 39-11-101 thru 39-12-113 Following the tax lien sale, successful prospective buyers will receive a duplicate of the tax lien certificate of purchase for each property. Investing in tax obligation liens through purchase at the tax lien sale is just that, an investment.
When a property owner falls behind in paying home tax obligations, the county or district might place tax obligation lien versus the residential property. Instead of waiting for payment of taxes, governments in some cases make a decision to market tax lien certifications to exclusive investors. Your earnings from a tax obligation lien investment will come from one of two sources: Either passion settlements and late charges paid by home owners, or repossession on the residential or commercial property sometimes for as little as cents on the buck.
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