Tax Lien Certificates Scam

We’ve come across an exciting “new” solution for people searching for a safe, profitable investment – tax lien certificates.

A tax lien investing husband and wife team, Melford and Concetta Bibens, have detailed their knowledge into a tell-all course, called Tax Liens Made Easy.

According to Melford and Concetta, their breakthrough course teaches how to safely invest in tax lien certificates, without needing good credit, or knowing much about real estate…and get double-digit returns GUARANTEED?

The strategies in Tax Liens Made Easy has been teaching investors to buy tax lien certificates and tax deeds for years, turning average people into active, profitable investors.

Do any of these sound familiar to you?

• Desire to make safe, profitable returns on your investments
• Feel helpless while watching your investment portfolio drop
• Uncertain about your money’s future
• Loss of confidence in banks
• Feel like some investment options are “over your head”
• Know there’s something better, but not sure what
• Wonder how the wealthy stay wealthy, no matter the economy
• Want to sleep well at night, knowing your finances are in good hands

If you are uncertain where you can safely invest your money and are skeptical, there’s one important thing you need to know…

You are not alone…

Recent statistics from the US Dept of Labor show that 86% of all workers participate in a 401k plan, without knowing the dangers of doing so, or where else to invest…

Here are a few sneak peeks of what’s inside the breakthrough course:

• The difference between tax lien certificates, tax deeds, and redeemable deeds so you know which is the best investment for you
• Who is responsible for the tax sale in the state that you want to invest in, so you can save time by knowing exactly who to contact
• How you can invest tax free using a self-directed IRA, so you can save even more money
• How to invest online without having to leave the comfort of your home
• How to find tax sale information online saving you time
• Where to get the tax sale lists without paying for them
• How to get the list of left-over liens or deeds, so you can invest without going to the tax sale

It’s simply absurd that they’re offering a 50-day 100% money back guarantee. Be sure to check out Melford and Concetta’s Tax Liens Made Easy course, and come back here to post your comments about it. I’d love to hear your feedback.

Best of Luck,
Ted
TaxLienCertificatesScam.com

Tax lien certificates scam? Hardly. Investing in tax lien certificates can be one of the safest, most profitable investments available today.

Here’s a “top ten” list of reasons why investing in tax lien certificates is anything but a scam:

10. Backed by a physical asset. Due to the current state of the economy, most investors prefer to have physical assets (like commodities such as gold, silver, etc), or investments backed by secured, physical assets (like real estate, oil, businesses, etc). Such assets offer more security than stocks or other unsecured paper assets.

9. High-yield return on investment. The rate of return on tax liens range between 10-25%, most commonly in the 16-18% range. However, some states issue liens as high as 50%. This is done to both encourage debtors to pay the delinquent taxes and to attract investors.

8. First lien holder. Among all other claims to the property, such as mortgages and home equity loans, tax lien certificate holders get “first dibs” on the property.

7. Lesser known = greater opportunity. Because tax lien investing isn’t as well-known as investing in other assets, there is less competition for the best deals.

6. Collect interest and penalties. In addition to the principal and interest, the lien holder also collects late payment penalties from the delinquent owner.

5. Very rarely requires foreclosure. Approximately 97% of tax lien investors receive their investment + interest back well within the repayment period, avoiding the need to foreclose on the property.

4. No liability on property. Because the lien holder does not (yet) own the property, s/he doesn’t not have any liabilities associated with the property either, such as insurance, maintenance, etc.

3. Fast repayment. After the back taxes and interest are repaid, the lien holder receives a check from the county within 5-10 business days.

2. Low cost of entry. Tax lien certificates exist for all amounts, allowing people at all income levels to easily invest.

1. Obtain title at a 80-99% below market value. In the event the property owner does not repay the taxes, the lien holder can assume full ownership of the property, netting significant profits.

For more information about investing in tax liens and other real estate strategies, be sure to check out New York Times best-selling author Robert Allen’s Ultimate Real Estate System.

Here’s something interesting – discover the (brief) history of tax lien certificate investing and why a “tax lien certificates scam” is a misnomer (they can be very safe, profitable investments):

Back in 300 B.C., the Republic of Rome rapidly expanded their empire through trade and conquest. The fast territory growth put demands on the government to raise funds for their army and growing bureaucracy…

As a result, land, livestock, and houses were taxed at a nominal 1-2% rate (much like they are applied today), and were collected near the end of harvest time each year by tax administrators.

Most of the property that was taxed was farmland, and as their crops were put to market, the Treasury relied on public officials to collect the taxes.

But, due to a series of crop failures, along with the difficult logistics of collecting taxes from distant new territories, tax revenue was sporadic at best…

To stabilize that, a group of private collectors called Publicani were given the opportunity to purchase, at auction, the right to collect taxes on properties.

Doing this enabled the government to immediately receive their back taxes, while the Publicani would get the stream of payments, along with the right to take the property from those who failed to pay…

In simpler terms, the government basically “outsourced” tax collections to private investors. However, due to the lack of laws to control these “private” tax collectors, the system was widely abused…

For example, they would charge farmers much higher rates, knowing that a slight drought or other mishap that would kill crops would force the farmers to lose their entire farms to them (on the grounds of failing to pay tax)…

Despite the abuses, this system of private tax collection spread throughout the world including Egypt, China, and the Ottoman Empires. (Rome’s system was eventually reformed by Emperor Augustus.) England also adopted the practice, but had varied success.

It also spread to colonial America, but in limited form – it didn’t become common in the United States until the 1800s..

It wasn’t until the Great Depression where tax lien sales really grew in popularity, since jurisdictions needed a source of stable, reliable revenue to help offset the rock-bottom land values (and the subsequent paltry tax payments).

Annual tax lien auctions were held, allowing private individuals and companies to purchase delinquent tax receipts. The government set the interest rates on the liens high enough to be both a strong incentive for debtors to pay, and to attract investors…

This allowed investors to collect both the high interest on the lien, late-payment penalty fees, and the right to seize the property if the debtor defaulted on the lien (within a certain time frame determined by the state).

To this day, different states continue to use this method to collect taxes, however many investors are unaware of how to invest in them, or that they even exist…

This lack of knowledge has led to accusations by less-savvy investors that tax liens are a “scam” and are “dangerous.” Unfortunately for them, their fear of the unknown causes them to miss out on the same, safe, steady returns that more knowledgeable investors have used to make safe, significant profits for centuries.

This blog features information on investing in profitable tax lien certificates.