Tax lien auctions bring about a chance for you to make decent profit or owning a new home. It is one of the most lucrative forms of real estate investment nowadays. It is open to all, no matter what your status in life is.
With tax lien certificates, the holder of the lien should make the needed payment on the property tax in behalf of the homeowner. And in return, the homeowner is going to pay the lien certificate holder, the agreed tax amount plus accumulated penalties. Hence, all you need to get is a high interest rate or the opportunity of acquiring the deed to the property.