Ontario Tax Sale Property

Providing free tax sale property listings for Ontario, Canada


Is Tax Lien Investing Still Profitable?
Source: Joanne MusaUnited States

Tax Lien Investing is not the secret of the wealthy anymore. Do to late night infomercials and high priced investment seminars that tout buying tax lien certificates as a high yeilding investment, more and more people are buying tax liens. As a result of this recent exposure to the general market, tax lien investing in some areas has become highly competitive. Is it still a profitable investment?

Itís true that itís getting tougher to buy profitable tax lien certificates. This is largely due to supply and demand. There are less tax liens available and more buyers in the market. At some of the tax sales that I have attended in New Jersey there are more bidders than there are liens for sale.

There are fewer liens available for two reasons. First, it is very easy to get a low interest loan these days. Couple that with the increase in the value of real estate in the last 5 years and that gives property owners the incentive and the means to pay their taxes, even if they have to get a loan. With fewer liens available and more investors in the market, tax lien certificates are selling at lower interest rates and/or higher premiums depending on the state. In most states either the interest rate is bid down or the premium is bid up while the interest rate remains constant. New Jersey is rare in that first the interest rate is bid down and then the premium is bid up. Hence in New Jersey tax lien investing is not the highly profitable investment it once was.

Judging from the premiums that institutional and private investors have been paying for tax lien certificates in the last couple of years, I would venture to say that they are seeing an actual return on their investment of 4% or less. This is not very good considering you can probably find a bank right now that will give you 4% on a one year CD. Perhaps as interest rates go up over the next year or two, institutional buyers will get smarter and less desperate for tax lien certificates and stop paying too much for them. In the mean time the best way to find out if tax lien investing is still highly profitable in your state is to attend a couple of tax sales and take note of who is buying and what interest rate liens are bid down to or how much premium is being paid for them. Be sure that you do this before you go out and buy somebodyís high priced program on how to make a lot of money with tax lien investing.

© 2005 Permission is granted to reprint this article in print or on your web site so long as the paragraph above is included and contact information is provided to the email provided.

Joanne Musa works with investors who want to reap the rewards of tax lien and tax deed investing. She is the author of the Tax Lien Lady's E-books, Tax Lien Investing Secrets and Tax Lien Ladyís State Guide to Tax Lien and Tax Deed Investing. You can more information about Tax Lien Lady's E-books at http://www.taxlienconsulting.com/sales/sales.htm. For more about tax lien investing e-mail MoreTips@taxlienconsulting.com




Tax Sale Property Listings

Ontario:
Current Ontario Tax Sale Properties
Ontario Tax Sales - 2021
Ontario Tax Sales - 2020
Ontario Tax Sales - 2019
Ontario Tax Sales - 2018
Ontario Tax Sales - 2017
Ontario Tax Sales - 2016
Ontario Tax Sales - 2015
Ontario Tax Sales - 2014
Ontario Tax Sales - 2013
Ontario Tax Sales - 2012
Ontario Tax Sales - 2011
Ontario Tax Sales - 2010
Ontario Tax Sales - 2009
Ontario Tax Sales - 2008
Ontario Tax Sales - 2007
Ontario Tax Sales - 2006
Ontario Tax Sales - 2005
Ontario Tax Sales - 2004

Alberta:
Current Alberta Tax Sale Properties
Alberta Tax Sales 2014
Alberta Tax Sales 2013
Alberta Tax Sales 2012
Alberta Tax Sales 2011
Alberta Tax Sales 2010
Alberta Tax Sales 2009
Alberta Tax Sales 2008
Alberta Tax Sales 2007
Alberta Tax Sales 2006
Alberta Tax Sales 2005

Nova Scotia:
Nova Scotia Tax Sale Properties

New Brunswick:
New Brunswick Tax Sale Properties

USA:
New York Tax Sale Properties
Texas Tax Sale Properties

Sheriff's Sales
Ontario Sheriff Sales Properties

Ontario Tax Sale Research

Listing by Date
Listing by Counties, Listing by Districts, Listing by Regions, Listing by Single Tier

* My Properties *




Latest Discussion Posts

London Results by Slick_Willy
Sheriff Sale - November 12 - Part 2 - 2022 by rob
Sheriff Sale - November 12 - 2022 by rob
Make sure to take your shot.... by dm1974
Sheriff Sale - October 29 - 2022 - Part 4 by rob
Sheriff Sale - October 29 - 2022 - Part 3 by rob
Sheriff Sale - October 29 - 2022 - Part 2 by rob
Sheriff Sale - October 29 - 2022 by rob
Sheriff Sale - October 1 - 2022 by rob
Sheriff Sale - September 23 - 2022 - Part 2 by rob
Sheriff Sale - September 23 - 2022 by rob
Re: Execution Search Results by Pfm1011
Execution Search Results by scarferitchiegroup
Brock result by Pfm1011
Toronto Tax Sale by rob
Re: Interesting bid by Dave2
Interesting bid by Jayz
Re: Re: Re: Interesting read - Vendor takeback Mortgage Danger by Dave2
Re: Re: Interesting read - Vendor takeback Mortgage Danger by Jayz
Re: Interesting read - Vendor takeback Mortgage Danger by Dave2
Interesting read by Frank
Re: Re: Re: Tax sale has no fun no bargain anymore! by Dave2
Re: Re: Tax sale has no fun no bargain anymore! by daftdaft1996
Re: Minden results October 1st 2021 by John_yjt
Re: Re: Dangers of the game Elizabethtown Kitley / Georgian Bluffs by Pfm1011

Visit the tax sale properties discussion boards

Articles

Tax sales that get cancelled--how to protect yourself by OntarioTaxSales.ca
How to get your hands on cheap land-bargain hunting at tax sales by Cottage Life Magazine June 2004
What is Premium for Tax Lien Certificates? by Joanne Musa
How To Find Free Lists of Foreclosures Houses by Ed Allen
The Ins and Outs of Bank Foreclosures by John Nazareno
WHY CAN'T I GET A RATE LIKE THISE ADVERTISED ON TV? by Michele Roman
REVIEW OF CHANGES TO TAX REGISTRATIONS AND TAX SALES by RealTax Inc
Foreclosed property! In Real estate by Alex Tonel
How To Make Money Investing In Real Estate Foreclosures by Matt Shupe
Introduction To Buying Pre Foreclosures by Masni Rizal Mansor

View more tax sale property articles