Marketplace Pro: General Overview – The Dashboard

Welcome to the Marketplace Pro software! This blog will serve as an introduction to understanding its functionality. 

The first tab to note is the dashboard. This is pretty simple; it will include a list of all of the items you have uploaded into the marketplace. 

The asset management tab will allow you to upload any tax lien certificates that you've purchased. Navigate to the top right corner and click the “load my assets” button. Anything you upload will then populate in this section in order for you to view and manage your certificates. 

The auction calendar will show you a list of the states as well as their auction dates. You can click the drop-down menu next to any of the States on the list, and it will give you more information about the available counties.  

The tax liens tab will also give you a list of the available tax liens that are auctioned off so that it's easier for you to perform your due diligence on these properties before actually participating in the auction. If you click this drop-down menu in the top right corner, it will give you a list of the different counties that are upcoming. 

The deeds section or other assets tab will include a list of all the over-the-counter tax lien certificates available for you to purchase directly through the county website. You can also apply some search filters on the right-hand side of the page. 

Lastly, the marketplace tab will include all of the inventory that we currently have available for purchase. This list will consist of various tax liens and tax deeds in specific locations that we've invested in. 

Marketplace Pro: Asset Management Feature

Let's go over the asset management feature a little bit more. This is where you can upload your tax liens, as well as how to manage them once they've been uploaded. 

When you purchase tax lien certificates from the county, they'll give you the option of exporting the liens you have bought into an excel file to save onto your PC, and then you can upload this file into the management tab. 

Please take note of the tabs at the top in this section. The asset management feature requires these tabs to be included in order to upload the certificates. It can then monitor them and keep track of them over time. 

The first thing you want to do is navigate to the “asset management” page. In the top right corner, you'll want to make sure that this says “need to load more certs,” Then, you'll click the “load my assets” button. You'll then select tax liens. After that, you can browse “my computer” from the excel file that you have exported from the county site. From there, select “test asset management,” click open, and then from here, you'll click “next.” 

The tabs from your excel file will populate here. Now you need to click this drop-down menu and select the corresponding tab. Your certificate number would be in this drop-down menu. Certificate year would translate to “auction year”. You'll then continue down this list and select the corresponding tab from the drop-down menu until all of them are filled out. Once that's done, you will click next, and it will add them to your asset management page. 

When you have uploaded the files they will populate, to give you a general overview of these liens. If you want to look at these liens further, you'll click this research button on the right-hand side of the page. And it will also give you a list of all the certificates you've uploaded into your asset management tab. 

If you want to get more information about any of the properties or even get an image, you can hover over the parcel ID. It will give you a photo of the property. 

If you want more information, click on the “parcel ID”, and it will give you details we've exported straight from the property appraiser page. We've also included links from the appraiser/assessor page here. In addition to the tax collector site, then Google maps and Google earth so you can get the imagery. 

In order to remove the tax lien or even mark one of them as redeemed, you'll need to click the check box to the left-hand side. The “actions” button will pop up at the bottom of the screen. After that, select the corresponding action. If you haven't purchased a tax lien certificate, we recommend creating a test excel spreadsheet, so you can upload it here and become familiar with uploading liens into the database. 

Marketplace Pro: Auction Calendars 

The auction calendar is relatively simple. It is a list of states and their tax lien auctions to prepare yourself for the auction ahead of time. You can now click the drop-down menu on any of the States on this list to get more information about the counties offering tax lien sales. 

For example, if you click the drop-down on Florida, we see Baker County. They have an online auction; the list of tax lien certificates available was May 6th, which is also when the bidding for those liens began. There were over 1100 certificates in that auction with a combined face value of $953,000, a combined assessed value of $58 million, and a combined market value of 70 million. The auction is scheduled to close on May 31st. If you want to download the list of tax lien certificates and export it into an excel file or .csv, you have the option of doing that in this section. 

Some states have already had auctions happen this year. For example, Arizona's auctions take place in February and January. But they're all over towards the end of February. And the action column tells us that the auction is over. So we know that if we want to participate, we have to do so within these date ranges. On the far right of the menu is a calendar. You can click any of the greyed-out dates to get more information on what is scheduled to occur on that particular day. 

Marketplace Pro: Tax Liens Tab

The tax liens tab provides you with a list of tax liens that will be available at an upcoming auction. This will allow you to perform your due diligence on these tax liens efficiently so that you can be prepared with your list of selected properties during the auction. It also allows you to research them in advance. 

If there's a county with an upcoming auction, we will include that county on our drop-down menu up here. However, if that county hasn't released its list yet, there won't be any data available. So you want to be sure you're looking at a county that has already released its list of properties. 

If you select Miami Dade for this example. We have the list of tax liens that are getting auctioned off. This one is selected by simply clicking on the parcel id. Now the face value of this certificate is $8,399. The assessed value is 306,000, and it looks like it's zoned as a multi-family property or a property with 10+ units. 

If I want to get more information on this parcel, we've included links to the property appraisal or assessors page. This also includes the tax collector page, so that you can do more research on these properties beforehand. 

If you want to select the property so that you can export it to an excel file, you'll click this checkmark on the left-hand side of the parcel id. You'll then click the generate auction upload button, and then you can choose the format you want it to export. Again, that makes it extremely helpful to perform your due diligence on these properties beforehand and go into that auction prepared with the list of properties that you liked. 

We suggest narrowing down the counties you are interested in and beginning your due diligence on the liens in those specific locations as early as you can, so you can be prepared for the auction. 

Marketplace Pro: Deeds Section Tab

The deeds section or other assets tab gives you a list of all tax liens certificates available for purchase over the counter. Over-the-counter tax liens certificates are liens that weren't sold at the original auction that the county still has available for sale. These liens can sometimes have a negative connotation. They are considered the leftover liens that weren't purchased because they had little to no value. And that may be the case for some; however, you can also find excellent properties over the counter if you know how to do your due diligence and you have the right tools available to you. 

You can also find seasoned tax liens out of the redemption period and ready for a tax application. At the right-hand side of the page, under this advanced search menu, we have the option of applying different filters. This is intended to simplify the due diligence process.

So the first thing you're going to do is change your listing type to “county held”. You can also select the type of property that you want to research. For example, I will scroll down, and I will click on residential. My favorite feature of this is the auction year. This allows you to select a specific year that the tax lien was auctioned off so that you can find tax lien certificates that are already out of the redemption period and ready for a tax deed application. 

For example, you can set your auction year to 2018, and then click search. From here, you can see the images of the county sites' properties to see what you would most likely be interested in. If you want to add one of these properties to the “my favorites” list, select the heart icon in the top right corner. The property should now be on my list of favorite assets. This will allow you to perform your due diligence later. Now, if I want more information on the property than what's offered on this property card, I can click on this details icon in the top right corner, and it will expand on the information about the parcel. 

This will give you a quick overview on the right-hand side on this details menu. If you scroll down, you can obtain more data that we previously pulled directly from the county appraiser website. If you wanted to search the information on the property appraiser/assessor page or go directly to the tax collector page, we've included links to those websites as well. And when you've decided that you're ready to purchase this tax lien certificate, it'll come up here where it says purchase from jurisdiction, and then you will follow the prompts on the county website to purchase that certificate. 

If you want to look at my favorite assets list, scroll down to the bottom right corner and click the “see all” button. 

This will allow you to search these properties further. These are some of the properties that I have favorited so I can follow up with them later. And the search feature is relatively similar to what we just looked at before. If you want more information about the property, click on this details icon, and it will expand on the information down here. And then the links to the property assessor/appraiser page and the tax collector page are right here as well. Now we would recommend spending a considerable amount of time on this portion of the site to get more familiar with it because this will be one of the best tools you have available to you. 

Marketplace Pro: Marketplace Tab

The marketplace tab will consist of tax liens and tax deeds that are available for purchase. Now on the right-hand side of the page, we have our advanced search, which allows you to filter through the available properties. The first thing you want to do is change my property type to vacant residential. And then I'll also set my minimum price. 

So if you change this to $15,000. This means that you are not looking at any property with an assessed value of lower than $15,000. This is a pretty simple search. You can cater this to be however you want. But click “search” for now. It should show you the property value that has an assessed value of $15,000 or higher. If you're going through this list and can click the heart icon in the top right corner, it will add it to my favorites down here at the bottom. 

If you want more information about a property than what shows up on this front page, you can click this details icon in the top right corner of the property card. And it will give you more information about the parcel, including the imagery, and all of this data is pulled from the county property appraiser website. To make sure that all of the information we have is accurate. If you want to search for the information directly on those sites, there are also links to the property appraiser and tax collector pages. 

You can get an idea of how much due diligence may be needed when you evaluate the property description, and this is when Marketplace Pro software comes in handy. 

If you are familiar with the Multiple Listing Service platform used by real estate brokerages, you will love the intuitive user interface of Marketplace Pro, which is the first step tax lien investors should take when evaluating investment opportunities. Contact our office today to arrange a free demo of Marketplace Pro; once you get the hang of it, we can start discussing due diligence strategies. 

Top Bank Says America Is In A Death-Spiral

Global banking leader gives a scary prediction on America…and it's a worst case scenario. A German mega-bank has issued a terrifying warning. Deutsche Bank says their analysts believe America will soon see the worst inflation in history!

If anyone knows inflation, it’s the Germans. They went through hyperinflation in the 1920s… and it almost destroyed them. Now they’re saying we will have something much worse.

So how should you prepare? The best option is to invest in hard assets that are always in demand. Like housing. By using my special process…

Learn my proven system for buying tax liens online. No matter what happens, this investment will always produce a profitable outcome, because it’s government guaranteed.

…you can protect yourself from inflation better than stock, gold, bond and even bitcoin investors. You might not escape completely unscathed… but you will be doing MUCH better than almost anyone, if you follow these directions.

Yellen Warns of Complete Economic Destruction

Janet Yellen is predicting that “destructive forces” will lead to a scary future for America’s economy. The Treasury Secretary said that long-term structural economic challenges will harm Americans’ ability to earn a “solid wage.”

I’m not sure what she’s smoking, but most Americans haven’t earned a “solid” wage in a long time. It’s so bad that many of them have lost all hope in the American dream. At least, that’s the mindset many of my students are in when I find them.

Then, after they go through my training, they suddenly turn around and see the light. The suddenly KNOW the dream is real.

They know it’s real because I show them the path!

You can escape the rat race just like they did, along with all the dependency and helplessness, and live a lifestyle you have always wanted. All it takes is learning how to find, buy and profit from tax liens using the internet. Do that, and Yellen’s economic monsters won’t scare you a single bit!

Smart investors will tune her announcement out, put their money into something like this… then sit back and profit.

Another Global Shortage Proves Why Billionaires Like Real Estate

Another scary global shortage has been revealed. Europe is experiencing a huge natural gas shortage, leading officials to turn to coal for energy. This comes at a time when other raw material shortages are sending tech companies into a panicked rush to get what they need.

Buying real estate is smart, but buying real estate like this could change your life in three months.

The fact is, resources are limited, and people are being forced to accept this. So, the next question is: How can you profit?

It would be very difficult to load up on natural gas or the raw materials used in computer manufacturing…But it’s easy to own real estate. Millionaires and Billionaires have been doing it forever to get and stay rich. They know there is only so much land to build on, and world population is only increasing. So, the demand is always growing, leading to higher and higher prices.

Now imagine buying real estate for up to 50% cheaper prices.

This is why I’ve been teaching my tax lien buying course for over ten years. Because I know it’s the ultimate way to earn income both in the short term, from guaranteed interest payments, and from the long-term growth in the value of your portfolio.

Get my complete tax lien training course for a very cheap price.

July Market Watch

Here's a recap of our July Marketplace Pro Market Watch! As you already know, we can find a lot of great deals using our Marketplace Pro technology.

Jay looked at inventory in Colusa, California coming up in the next month. California is a tax deed state. Before you go in and start purchasing properties, be sure you team up with a coach to do due diligence.

Jay also looked at a live auction in Duval County, Florida (the Jacksonville, Florida area) on July 14th. He looked at a property assessed for $300 with an opening bid of $911 with a land value of $2,700 and zoned as vacant industrial land.

If you want to learn how to find your own deals join our program by clicking

‘Join Now'

In July Florida Ramps Up Tax Lien Certificate Sales…Arizona Tax Liens Active!

In the last few weeks about 50,000 properties have been added to Marketplace Pro that are going up for lien sales. Florida counties have already released their advertising lists. We added 744 tax deeds this week in Florida. We added 588 foreclosures this week in Florida. Several counties in Florida have changed their bidding rules. Do you know what counties are now considered single bidder? Do you know the registration and deposit deadlines?

Arizona's tax lien sale season is LIVE! Find out which counties changed their auction method. Are your core counties Live or Online auctions this year? Our clients can access full, normalized tax lien certificate data sets on a county-by-county or state-by-state basis. They are available directly with the Marketplace Pro software, which offers advanced filters and fully integrated, multi-platform mapping.

What are you waiting for?

If you want to get access to exclusive properties in new counties before they are released to the general public, join our program by clicking ‘Join Now' below.

Whether you are currently a landlord or a landlord to be, it is important to understand landlord insurance. If you own the property and rent it out, then landlord insurance is for you. These policies typically cover the dwelling and include owner liability protection with most providers. Read on to find out more about what landlord insurance can do for your business!

If a tenant has an accident and the landlord is found liable, landlord insurance would cover any damages to property, medical expenses and legal fees resulting from this incident. It also offers liability protection for you as a landlord. The amount of coverage available will depend on the type of policy you purchase and your level of risk tolerance; some landlords may opt for more extensive coverage than others because they own higher-value properties or rent them out to tenants with pets.

There are many types of landlord insurance available on the market today, so it can be difficult to choose the right one for your circumstance. The most popular landlord policies offer coverage against loss or damage with additional benefits like liability protection and living expense reimbursement in the event that tenants cannot live in their home because repairs need to be made.

Many landlord insurance policies cover losses to personal property if the landlord leaves equipment on the premises for maintenance purposes. This is a fairly new addition to landlord insurance policies that started in 2010, with large companies such as Standard Fire Insurance Company and Travelers Insurance adding this type of coverage. The landlord can choose from a variety of options for what they want their policy to cover. It's important for landlords to understand their policy so they know what it does and does not include!

Dwelling coverage: This type of policy typically covers the dwelling and includes owner liability protection. These policies are designed to protect landlords from financial losses if something should happen to their property, such as a fire or flooding. Landlords also need landlord insurance if they live in the home that they own but rent out other properties on the side.

Other Structures: This can benefit you by covering potential damages to structures that are not the home itself. This can include sheds, detached garages, and fences.

Personal Property Coverage: Many landlord insurance policies cover personal property on the landlord's property. This can come in handy if you have left some tools around to help maintain your rental and they get damaged or lost. Tools that are covered typically pertain to those used for maintenance, such as a lawnmower. Personal belongings unrelated to this are not covered under landlord insurance, so it is important to read over your policy carefully before purchasing it!

Liability: Your landlord insurance is a contract that you have with your landlord to make sure your property stays safe and secure. It's important for landlords to know what their obligations are in this situation, because they can be held liable if something happens on their property without them knowing about it beforehand. In order to avoid any legal issues, it's best for landlords to get landlord insurance.

Does title insurance matter? This is a question that many people ask themselves when they are buying or selling property. The answer is simple: yes! When you buy real estate, it's your responsibility to do research on the validity of ownership and title. If you don't, something could happen years later that makes your property subject to litigation or legal action. Let's say there was an error in recording documents when purchasing your home – these oversights can be difficult if not impossible to address at a later time. There are many reasons why title insurance matters; we've listed just a few of them below for you!

What are the most common reasons to buy a title insurance policy? 

You might want to protect yourself against any oversights when researching the title. 

  1. The property you're buying might have issues with ownership or title that could come up later. For instance, if there was an error recording documents at purchase, then it would be important for you to have a title insurance policy in place. 
  2. The benefits of having a good title insurance policy in place may outweigh the costs of getting one.

Title insurance is important for a lot of reasons. The process of purchasing title insurance does not take much time, and it’s usually not very expensive either. But if you skip the step to purchase title insurance, there are some serious consequences that can come back to haunt you. Title insurance protects your property against any unknown liens or encumbrances that may be on your title. This means that even if you think everything is good now, when something goes wrong with an old lien or encumbrance on your property, a home buyer could refuse to buy from you because they would have no way of knowing about this problem until they start looking into the property history in detail.

What does title insurance do? If there were any liens against someone else who owned the house before you, then sometimes these are not released when they sell their home and so there could be additional costs for clearing up titles or fees due if anything goes wrong.

If you are not sure, then speak to an attorney who is experienced in real estate law. This also protects the purchaser from any latent title defects that may have gone unnoticed when they purchased a house or property and if someone files a complaint against them because of it, then this type of insurance will protect them financially (in most cases). There has been some debate on whether title insurance should be mandatory but there are pros and cons for both sides so ultimately your decision would depend upon which side you feel would benefit you more.

This way, you can rest assured knowing all the proper documents have been researched and published at appropriate times to avoid any future problems with ownership or title. If something does happen in the future (which it never should) this coverage will take care of your investment so there are no worries! 

Owning rental properties can be a great way to make money. However, it's not for everyone. You need patience and discipline when you're running rental properties to ensure that the tax deductions and tax breaks are taken advantage of in order to maximize your rental income. It is important to keep up with rental property maintenance as well, this will help minimize the chance of break-ins or other problems which could lead to an eviction notice being served on you by the landlord.

As rental property owners, we are always juggling when to fix a leaky toilet or replace the carpets. But there is more to rental ownership than just these repairs. You need to keep an eye on your tax liability and take advantage of allowable deductions and tax breaks that can help reduce it. The rental property business has long been a popular way to make money. Whether you are an investor or a landlord, rental properties can be great for your bottom line. However, rental ownership is not without its challenges and risks. One of the biggest risks is that you'll lose money on one rental property while another performs well enough to cover it up – meaning you could have negative cash flow if a tenant moves out after paying rent late, causing the next tenant to move in early and pay less than what was agreed upon with their previous landlord. This situation leaves many landlords scrambling for answers like bankruptcy or selling off assets (like their rental properties) in order to get back on track financially. 

Rental properties have their own unique set of rules, rental tax deductions and rental property losses. The IRS offers a number of rental property tax deductions that can really help your bottom line if you know how to take advantage of them. Tax law changes frequently so it is important to stay up-to-date with the latest information in order to make sure you are taking full advantage of all available rental property tax breaks. 

If you don't currently have rental properties, it may not be time for a rental property yet.

– If the rental market is too competitive in your area and business slumps are common, then investing in an investment or commercial property might make more sense.

– If you're looking into rental properties because of tax breaks that only rental properties offer, then rental ownership might not be the best investment for you.

– If rental property is your only business and there are no other opportunities to diversify your investments in order to reduce risk, rental property may not be the right choice for you either.

Here’s how it works: rental property is purchased for $500,000. The new depreciation schedule (annual percentage) begins in year one at $18,0545 with the annual deduction of about 15%. In year two you can deduct around 31% and by year three your deductions will be close to 50%. For a rental property that has a rental income of $12,000 per year and it is depreciating at an annual percentage rate (APR) of 15%, then the deduction would be around $18,0545.

Tax breaks are also important to mention because they can be a big motivator for investment decisions. Some people buy rental properties in order to make money with rental income, while others invest because of the tax benefits offered by owning rental property. 

This is a complex subject. If you are looking for more information about how tax liens relate to rental properties, feel free to contact us: (833) 825-6800 – or email us at: [email protected]

Tax liens are inherently a complicated subject. Especially when it comes to legal matters. You have to know the law and you also need attorney representation for any dealings with the IRS, which is not always easy to find. We’ve put together this guide on how to find an attorney who will work hard for your business, even when things get tough.

Search Online

Tax liens are a great way for real estate investors to increase their income. The question is: how do you find the attorney that's right for your team? Finding the right attorney for your tax lien team can be an important decision that is not to be taken lightly. A lawyer’s job is to protect their client and ensure that they receive the best outcome possible, even if it means going against what others might want. Finding a lawyer who will listen to you and provide insight on how to handle your situation is crucial when it comes time to hire someone. Searching reviews online for local law offices is generally considered to be the safest best practice in this regard. 

Be Sure to Conduct an Interview 

There are many considerations to make when you need a lawyer, attorney. You have to be sure that they specialize in the matters you need help with and that their personality meshes with yours or it will not work out. Not only do you want an attorney who is up on the latest laws and regulations but also one who is willing-minded enough to work with your team for success. The attorney is a crucial component of any successful real estate investing team. As such, you need to be sure that they are suited for your needs and have the skills necessary to succeed in your situation. 

There are many types of law firms that specialize in different aspects of real estate investment so it's important to take some time and sit down with each attorney before making a decision on who will join your team. Remember, this is not an emergency – there is no rush when it comes to hiring someone for an important role like this one. Make sure you do your research and find the right attorney for you!

Establishing Terms

The fee agreement should clearly outline the exact services you need, and what you will pay for them. You will need someone who is knowledgeable in real estate investing and tax law, so make sure they specialize in this area before hiring them. It is important not to just hire whoever you happen to come across because this can lead to many problems down the line. A good attorney should have experience with these types of cases and know what you need from them. They also must share your values and personality type or else there could be conflict that might interfere with their ability to help you resolve any legal matters that arise.

Summary

An attorney's job is not just about finding you money in tax lien sales, but also providing skilled representation when negotiating with the taxing authorities on your behalf.

A Quiet Title Action is an action filed by the court to settle the title to property. It can be used when there are competing claims of ownership and it needs to be determined who rightfully owns the property. A Quiet Title Action will usually determine if a tax deed has been properly transferred from the county, or if someone has come forward with better rights than you have (such as being an heir). So what does this mean for tax lien investors? Well, because of how tax deeds work, there is no guarantee that your title will be clear. This makes it difficult for you to get insurance on your title which means that you could end up paying more out-of-pocket costs in order to make a profit. 

A defect on the title can be something like a break in title or it could be an outstanding lien which would give someone else rights over your property even if you were technically legally entitled to it due to your purchase of tax deed properties.

Many people think that they need to get a title insurance policy in order to purchase property. This is not always the case. A quiet title action will settle any potential ownership disputes and will clarify as to who is the owner of the property. It’ll also show that there are no outstanding liens, or ‘clouds,’ and that there are no defects on the title. The one thing it won’t do for you is help you sell your tax deed investment quickly.

If you are an investor, a tax lien is the perfect investment for you. When you buy a tax lien from the government at auction, it is not quite like buying stocks or bonds. You don't get any equity in the property that's being taxed and your risk of loss is very low.

You’ve just purchased a tax deed, and you want to know if you need title insurance. The answer is yes, but not for the reasons that come to mind first. Tax deeds are an intriguing way of buying property because they are extremely cheap and go very quickly in auction houses or on sites like eBay. However, due to their nature there can be some risk involved with them. 

For example, it may not have been recorded properly according to state law which would mean it has a high risk of being voided without notice; it could also have liens on it from other companies who were owed money by the previous owner. A quiet title action will help resolve these issues so you can get your hands on what is rightfully yours.

This legal jargon can be confusing to many, but it’s worth understanding it as an investor. It helps to research quiet titles online or speak with an attorney about the process if you need further clarification on them. You may also want to touch bases with someone who has utilized one before and ask them about their experience!

The COVID 19 virus has had a lot of terrible consequences. One of the most notable is that many property tax auctions have moved online for the first time. This change should be seen as both good and bad news. On one hand, it is great to see counties modernizing their process in order to keep up with technology and make life easier for people who are unable to attend auction sales because they work or live too far away from the county seat. On the other hand, this will likely mean more competition among investors which could lead to higher prices on properties at these auctions.

Traditionally, online property tax auctions were limited to those who attended the live event in person or took out an online subscription which required bidding fees to be paid upfront for the entire year. COVID 19 has changed all of this by making it possible for anyone with an internet connection to participate in online property taxes at no cost whatsoever.

Now, buyers can bid online for property that has been seized by the government and sold at public auction. This is a new way of investing in real estate, which can be both lucrative and safe as long as you follow our tips!

The tax lien auction process is fairly simple. The tax collector sells the property for tax delinquent owners through public auctions, often online. As a tax lien investor in this type of transaction, you have to do your due diligence before investing and attend the tax foreclosure auction if it is required by rules. Buying at these auctions is not without risk and there are many things you should know about them before making an investment.

Property Type and Size


Property may sell for less than market value at a tax foreclosure auction. County tax collectors offer the property for sale through a public auction when the owners fail to pay the property tax for a period of time. When an auction is scheduled, the county prepares a tax lien sales list with information about each property. Counties upload sales lists on websites and sometimes print handouts. The auction rules may require the investor to attend these events in person so it is important that you do your due diligence before attending any auctions in order to ensure that you are prepared and know what you are doing!

Tax auctions can be a great way for investors to make money. Tax sales are held in many counties throughout the United States every year and offer buyers an opportunity to purchase properties at low prices. The tax sale price is usually much lower than the market value because property owners failed to pay their taxes, which leads them into foreclosure proceedings. The delinquent owner may end up forfeiting ownership rights if they fail to redeem or bid on their property before it's sold off.

We all know that tax lien investing can be a great way to make money. But it's not always a walk in the park, as tax foreclosure auctions have their own set of challenges.

Short selling is a trading strategy that shortens the lifespan of an asset in order to profit from the difference between its purchase price and resale. Shorting has been around since stock exchanges were created, but it became especially popular during the Great Recession. 

The short selling market has historically been dominated by hedge funds and other large institutional investors who are able to borrow shares at low rates to sell short while waiting for their investment time frame to expire. However, with the recession came a steep decline in home values nationwide which left many homeowners underwater on their mortgages; they owe more than what their homes are worth! This drastic change in financial situation led many Americans into short sales so they could get out from underneath this burden before it was too late.

The short sale market has been around for a long time, but the recent recession brought short sales back into prominence. With many homeowners struggling to make their mortgage payments, lenders saw short sales as an opportunity to recoup some of the losses they were taking on bad loans. The short-sale process is similar in most ways to a foreclosure.

Short selling is a process that many homeowners use to avoid foreclosure. It can be fraught with difficulties, but short sale benefits are worth the trouble. The short-selling process starts when a homeowner sells their home for less than they owe on it to an investor who will then take over the mortgage payments. This causes the homeowner's credit rating to suffer – but not as badly as if they just walked away from their property and let it go into foreclosure. For this reason, short sales are sometimes preferable over foreclosures during tough economic times like today's recession.

If you’ve been short on mortgage payments for a while and have little hope of putting your house back in order, short selling may be the best option. It can be an arduous process, but it doesn’t have to be as bad as foreclosure. Short selling is less likely to hurt your credit score than foreclosure because lenders need to approve the sale before completing it. This gives homeowners time to make up their minds and do some research before making any commitments.

There are many different reasons short selling can be a good option for homeowners. First, short-selling is usually less time consuming and more efficient than foreclosure proceedings.  Second, short-selling can help maintain the homeowner’s credit score, whereas foreclosures have been known to ruin them due to the negative history of being late on mortgage payments. Finally, short-selling will not result in any tax liability like foreclosure does.

If short selling sounds like the right choice for you, contact us today!

Bloomberg Says Housing Demand Is Sky-High

Their solution to the crisis is nothing compared to this investment strategy Bloomberg is supporting the idea that real estate prices won’t return to normal without legal changes in zone rules and land use.

This is their reaction to the now obvious crisis…America’s housing supply and demand balance are out of control. In other words, there are not enough homes to go around. And this is actually a good thing, for some people. Because by buying real estate using this technique, you can save as much as 50% off the normal price.

Then, all you have to do is turn around and sell for a massive paycheck… or set in for monthly income by renting your new asset out. It really is the only way to turn this housing disaster into your own very lucrative online investing “hobby.”

July is When It Begins

As America prepares to celebrate July 4th… you could be cashing out a life-changing property deal like this, if you pay attention. Some lenders are announcing they will restart foreclosures in July. This will affect homes nationwide and essentially means that: July will be huge for real estate investors!

This includes tax lien investors. Because foreclosures will lead to more people looking for a new place to live and that means higher prices. By following my guide here, you can find and purchase tax lien properties for shockingly low prices. This gives you either:

  • 16% guaranteed interest or…
  • ownership of the home for over 50% off.

Which can then be flipped right into the red-hot market. Imagine doing just ONE of these deals and paying for your kid’s college… topping off your retirement fund…or splurging on your favorite expensive hobby.

Want to learn how it’s done? Go here and we'll show you everything!

May Market Watch

Here's a recap of our May Marketplace Pro Market Watch! As you already know, we can find a lot of great deals using our Marketplace Pro technology. Jay looked at inventory in Mobile Alabama. Alabama is a big down interest state. Almost 5000 parcels going up for sale both commercial and residential. Jay also looked at commercial inventory in Pensacola, Florida with an opening bid of $49,000. Finally, Jay looks at Broward County in Florida with 23,000 parcels going up for auction!

If you want to learn how to find your own deals join our program by clicking ‘Join Now'

In May and June Florida Ramps Up Tax Lien Certificate Sales…Arizona Tax Liens Coming!

In the last few weeks about 50,000 properties have been added to Marketplace Pro that are going up for lien sales. Florida counties have already released their advertising lists. Several counties in Florida have changed their bidding rules. Do you know what counties are now considered single bidder? Do you know the registration and deposit deadlines?

Arizona's tax lien sale season is quickly approaching. Make sure you are properly prepared and ready to complete your due diligence with Marketplace Pro. Find out which counties changed their auction method. Are your core counties Live or Online auctions this year? Our clients can access full, normalized tax lien certificate data sets on a county-by-county or state-by-state basis. They are available directly with the Marketplace Pro software, which offers advanced filters and fully integrated, multi-platform mapping.

What are you waiting for?

If you want to get access to exclusive properties in new counties before they are released to the general public, join our program by clicking ‘Join Now'.