Tax Lien Certificates Process
The whole process begins when property owners let the real estate property taxes go unpaid. To get their money quickly the county sells the tax Certificate lien on a property that has delinquent taxes to an investor.
When the Real Estate property Owner pays the taxes owed (Including Interest & Penalties) to the County or taxing District, the investor is notified to return the tax certificate. When the county or taxing district receives the tax lien Certificate, the investor is paid the amount of the certificate, plus interest, meanwhile the county or taxing district has had the money it needed to run the government
Hans Anderson
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