Tax Lien Certificates

Tax liens result when property owners fail to pay their county taxes.  County governments rely heavily on tax revenue and rather than fight with property owners in court, they have devised a revenue collection method that allows them to be paid, results in penalties to property owners and enables investors to make some serious money.  Every state and county is different, but essentially an investor can bid on a the certificate, which allows him or her to have control of the lien. Property owners must pay off the lien holder (investor) with interest or face possible foreclosure.