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How to Invest in Tax Liens with Melanie Finnegan
Episode 232
Published 7 years, 7 months ago
Description
When property taxes aren't paid, tax liens can be levied against the property. The liens are then sold to investors.
If the liens are not paid within a certain amount of time, the investor can push to have foreclosure initiated, thus collecting at least the interest and principal of the original investment.
Our guest, Melanie Finnegan of Tax Lien Wealth Solutions, explains there is a difference between a tax lien and a tax deed, and that there are two types of markets: Primary and secondary markets.
To learn more, listen to the interview and stick around for the panel discussion where we learn how tax liens fit into an investment portfolio.
For more information, visit the show notes at http://moneytreepodcast.com/232