Erie County, New York Tax Sale Guide
If you’re considering tax lien or tax deed investing, Erie County, New York is a great place to start. This area offers excellent potential returns and opportunities to acquire properties at significantly reduced costs. With strategic planning and thorough research, you can navigate this investment landscape effectively.
Understanding Tax Lien Certificates and Tax Deeds
Tax Lien Certificates: When property taxes go unpaid, the county may issue a tax lien certificate, which investors can purchase. The property owner must then pay back the owed amount plus interest to the investor within a specified period.
Tax Deeds: If a tax lien remains unpaid, the county can foreclose and sell the property at a tax deed auction. This gives the investor full ownership of the property.
Steps to Start Tax Lien or Tax Deed Investing in Erie County
Research and Understand Local Laws
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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.
