Buying A Tax Lien Certificate Pros Please Help
I am planning to buy a tax lien certificate from company who has bought in county sale. Certificate is for 10% interest.
What are the things i should look for on the property.
What the pitfalls and any scenarios that i will not get back my money and 10% interest?
Please help. State is New York and County is Nassau
Thanks
Hi
Anyone with New York and Nassau County knowledge please help.
Thanks
New York do NOT have tax lien esp. water and sewer lien in NYC. New York is TAX DEED
I am not form NY. I live in Southwest Missouri but I am interested in property in NY. Have been chatting with another person and he sent me these two addresses. You might try them and ask for additional information for the county you are interested in. If you learn anything about the sales please let me know. Thanks
http://www.ongov.net/Realproptax/
http://www.brzostek.com/
Some hard to answer questions.
Best and cheap do not always go together. Best is to have a professional do it. Cheapest is to do it yourself, but you better know what your doing;
There may not necessarily be a “best” way to locate physical address. Call assessor in location you are looking for if you have parcel number or person’s name. Call realtors in area, internet search, Google earth gives some info, contact contractors in the area. Just start using your 6 inches of real estate between your ears. I’m sure you can come up with other ideas.
As to assessing its current condition if too far to go see yourself you might be stuck with a property inspector unless someone on here knows about the property and would help you.
You last question would have to be answered by someone who is knowledgeable with all 50 states. I’m not but I do know Arkansas has a catalog they print and publish that you might be able to get or just go on line to the following location. It is a newspaper size printing and has 27 pages in it. Best of luck.
www.cosl.org