|Start Date||End Date||Listing Type||Bank Name|
|02/24/17||08/01/18||Preforeclosure||THE BANK OF NEW YORK MELLON...|
|10/24/16||08/01/18||Preforeclosure||THE BANK OF NEW YORK MELLON|
|09/25/16||01/18/17||Preforeclosure||THE BANK OF NEW YORK MELLON...|
|10/23/15||08/18/16||Preforeclosure||BANK OF NEW YORK|
|10/23/15||08/18/16||Preforeclosure||Bank of NY, Trustee|
Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
Here are the basic steps to follow:
There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.