Conclusion
We hope you learned a lot from Ted’s lesson, “Is New Jersey a tax lien or tax deed state?”
New Jersey is a tax lien state, and New Jersey tax lien certificates pay a rate of 18% per annum. The auctions are a down bidding process. So the bidding starts at 18 and goes down.
When you purchase a tax lien certificate, you are paying someone else’s property taxes. You don’t get immediate ownership of the property, but do get a right in that property.
If the property owner pays the back taxes, you get all your money back plus the interest, If the property owner doesn’t pay, then you get the property, and you get it without a mortgage.
When you invest in a tax lien certificate, you pay the government, and you get checks back from the government , or you get the property.
In a nutshell, a tax lien certificate is an excellent passive investment that pays a high rate of interest, and it’s secured by real estate, making it a very safe investment as well.
If you’d like to know more, there’s no one more qualified than Ted Thomas, America’s leading authority on tax lien certificates andtax defaulted property investing, to teach you how to do this.
Ted Thomas is the only one who provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, and personal one-on-one coaching.
If you’d like to learn how to earn lucrative profits in real estate, you can get started nowat no costby taking advantage of Ted’sFREE Master Class.This life-changing mini course is about 1-hour of streaming video.
Learn todayfrom the comfort of your home how to make your dreams of financial independence come true! You owe it to yourself.
