In most cases, houses have more than one lien stacked on top of them, but what happens to the mortgage in a tax lien sale? Find out what the county does about this by watching this video!
Watch And Enjoy!
Key Moments In This Episode
00:00 Intro & Summary
01:01 What Is A Mortgage In A Real Estate Property?
01:53 What Happens If Homeowners Don’t Pay Property Tax
03:49 What Happens To Tax-Defaulted Properties
04:21 What Is A Tax Lien Certificate In Real Estate?
05:09 Why Counties Do Tax Lien Auctions
05:39 What Happens If Tax Lien Certificates Aren’t Paid
06:09 What Happens To The Mortgage In A Tax Lien Sale
07:33 What A Tax Lien List Looks Like
08:35 Who Can Buy A Tax Lien Certificate?
09:00 Will Tenants Be Evicted If You Buy A Tax Lien Certificate?
10:07 Two Mistakes To Avoid At Property Auctions
What To Watch Next
Can You Refinance A Mortgage With A Tax Lien?
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Learn more about Ted Thomas
Ted is an American Original – teaching people just like you for over 30 years how to buy houses in good neighborhoods for 30% to 50% of their market value. He teaches how you can sell properties fast for thousands in profit, and how you can ‘rinse and repeat’ this process over and over again – just like his students have – and make your financial dreams a reality.
Ted Thomas is America´s Tax Lien Certificate and Tax Deeds Authority. As an international speaker, Ted has dedicated himself to finding and teaching the best, and safest, investment strategies. He teaches how to create wealth with minimum risk with easy-to-learn methods. Ted’s strategies developed over decades of successful real estate investing can help everyone. From regular hard-working families, to senior citizens, to young families and professionals.
Ted chose to teach Tax Lien Certificate and Tax Defaulted Property investing because it is Certain, Predictable, and Secure. He is a specialist at teaching Advanced Tax Lien Certificate and the Tax Defaulted Auction processes and concepts to investors and professionals. Industry insiders consider Ted Thomas to be America’s Tax Lien Certificate and Tax Deed Authority. In the past three decades, he has pioneered many new techniques and strategies for Investors and Professionals.
Nate Woodbury – YouTube Producer