McHenry County
McHenry County Tax Lien Sale: Earn 9% Returns Every Six Months
Investing in McHenry County, Illinois tax liens is a great way to secure high returns, offering up to 9% every six months over a period of 2.5 to 3 years. If you’re seeking a lucrative, low-risk investment, McHenry County’s annual tax lien sale could be your opportunity to earn significant returns while potentially acquiring property at a fraction of its value. Start by following this complete guide.
What Are Tax Lien Certificates?
Tax lien certificates are legal claims sold by the county on properties with unpaid property taxes. When you purchase a tax lien certificate, you’re essentially paying the delinquent taxes on behalf of the property owner. In return, you earn interest on that payment until the owner repays the taxes.
Here’s how it works:
- Example: If you pay $1,000 in unpaid taxes, you could earn $90 every six months at a 9% interest rate, which compounds semi-annually.
- Redemption Period: If the property owner does not redeem the lien within the 2-3 year redemption period, you may petition to take ownership of the property for just the back taxes and fees.
Why Invest in McHenry County Tax Liens?
McHenry County, establ
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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.