Contra Costa County
How to Buy Properties Dirt Cheap at Contra Costa County Tax Deed Sale?
Investing in tax deeds is an excellent way to acquire properties at a fraction of their market value while helping counties recover lost revenue. Contra Costa County in California is a prime location for this type of investment. In this article, we’ll explore how to get started with tax deed investing in Contra Costa County, potential returns, and the steps you need to follow to make a successful purchase.
Tax deed investing offers the opportunity to buy properties for as little as $500, sometimes achieving returns between 18-36%. Compared to traditional investments, tax deeds can provide higher returns with relatively low entry costs.
Understanding Tax Deed Investing
Tax deeds represent properties sold by a county due to unpaid property taxes. When property owners fail to pay their taxes, the county places a lien on the property. After a specified period, if the taxes remain unpaid, the county can sell the property at a public auction. Here’s a typical scenario:
- Initial Investment: Purchase a property at a tax deed sale for $500.
- Potential Returns: Hold the property for
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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.
