DeKalb County
Is 9% ROI in 6 Months Possible? DeKalb County’s Tax Lien is the Answer
Wondering if you can really achieve a 9% return on investment in just six months? DeKalb County, Illinois, has an annual Tax Lien Sale that offers a great opportunity for investors. Located in a region rich in agriculture and education, DeKalb County holds an annual tax sale where investors can acquire delinquent property taxes with potentially high returns.
Understanding Tax Lien Certificates
Tax lien investing involves purchasing a lien on a property due to unpaid taxes. If the property owner fails to pay their taxes, you, as the lien holder, can collect interest on the owed amount. In DeKalb County, the annual Tax Lien Sale allows investors to bid on these liens starting at a 9% penalty interest rate, which decreases as bidders compete.
Here’s how it works:
- Initial Investment: Investors deposit $500 to participate.
- Bidding Process: The bidding starts at a 9% penalty interest rate.
- Return Period: Interest rates apply every six months.
- Redemption Period: If the property owner redeems, you get your investment back plus the penalty rate.
- Ownership Possibility: If the property is not redeemed within 2.5 to 3 years, you can petition for a tax deed to own the property by paying the owed back taxes an
Sign up to view the full content.
Join Us
Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.