Aim High with Macon County Tax Liens: 9% ROI In 6 months!

Introduction

Can you earn high real estate returns without owning or managing properties? Yes, you can. At Macon County, Illinois’ annual Tax Lien Sale, you can bid on tax certificates and secure up to a 9% return paid out every six months! Macon County’s rich history and cultural landmarks make it an attractive prospect for investors.

Understanding Tax Lien Certificates

What are Tax Lien Certificates?

Tax lien certificates are financial instruments that allow investors to purchase delinquent property taxes. When property owners fail to pay their taxes, the county places a lien on the property and sells these liens at an auction.

How They Work

Investors bid on the interest rate they will accept. The process starts at a 9% interest rate, and the bid goes downward. The lowest bid wins. Property owners then have a redemption period, usually between 2.5 to 3 years, to pay back the taxes plus interest. If the owner fails to redeem the property, the lien holder can foreclose on the property.

Potential Returns

The interest rate on these tax liens can be up to 9%, applied every six months, adding a significant amount to the redemption cost. This makes tax lien certificates a lucrative investment option.