Two types of tax sales can occur in the event of unpaid property taxes: a tax lien sale and a tax deed sale. In a tax lien sale, a property’s liens are auctioned off to the highest bidder. This allows them to legally demand lien collection and interest from the homeowner. If the p...
In addition to the standard investments (stocks, bonds, cash, money market funds, and mutual funds), you can hold assets that aren’t typically part of a retirement portfolio in such self-directed Roth IRAs. Some of these include gold, investment real estate, partnerships, and tax liens—eve...
is a risky business for the beginner. Many times, when the property is distressed, it means that major repairs might not have been done or there might be liens on the property. A foreclosure real estate agent can help protect your interests and make sure that you do not buy a money pit...
Fortunately, it may not be as difficult as you’ve built it up to be. And there are a ton of resources — both online and in real life — to help. Ready to find out if you can (and should) buy a home? Here’s your guide. ...
Beyond verification of ownership, a title search can show outstanding mortgage debts or liens on the property that the seller did not reveal to the potential buyer. Some properties come with deed restrictions, like homeowners' association rules, that limit what can be done with the property that...
There are so many taxes & departments that have to be involved in a property sale. Why? Cause they all want a share of the cash. And how much is the transfer tax on residential? Commercial? Then how much are the property taxes? The mayor of my town just raised property taxes 11...
Of course, this is a very short list of the due diligence that would take place before purchasing another business, but maybe you’re not in the market to buy a business. Maybe you’re planning to buy a new building or add a new vendor orproduct line. There are plenty of decisions yo...
The Foreclosure of Local Special Assessment Liens: What, Where, Why, and How of the Civil Action and Enforcement MethodsCarbonell, Catherine M.Suarez-Rivas, Rafael E.Florida Bar Journal
Auctions are forums that bring together multiple buyers who compete for certain assets, such as livestock, home goods,properties,property tax liens, and art. These venues are usually held in person but the rise in technology has madeonline auctionsa reality. Buyers who participate in auctions bid...
Mortgages are also known as liens against property or claims on property. If the borrower stops paying the mortgage, the lender can foreclose on the property. For example, a residential homebuyer pledges their house to their lender, which then has a claim on the property. This ensures the ...