Investing in California Tax Lien Certificates may be a safe and very profitable investment- is anyone really sure?

Openly available information contradicts its self by stating yes California does offer California Tax Lien Certificates and at the same time stating they do not offer them.

My research shows the interest rate currently at 18% with a payback max time (redemption period) of 3 years.

Investing in tax certificates is one of the safest if not the safest investments you can make. Tax certificates are issued (sold) by the government to investors to cover the funds a delinquent taxpayer owes but has not paid.

This does not mean you have bought rights to the property this means you have received documented proof that you paid the taxes for the delinquent taxpayer, therefore when the property owner decides to finally pay his taxes, you the tax certificate holder will be repaid your initial investment (total amount of unpaid taxes you originally paid).

Now this is the kicker, you will receive your initial investment plus a return on your investment in the form of a late fee (lien) the government charges to the property owner who did not pay his taxes on time. This fee the government charges to the property owner, collects and forwards to you (investor) is what investing in tax lien certificates is all about.

A tax lien certificate is guaranteed by the property that governs it. The interest rate is predetermined and has nothing to do with the stock market so you know what your rate of return will be. Delinquent property holders pay their late taxes over 98% of the time literally making tax lien investing one of the wisest investments you can make, if you have the proper knowledge, if not watch out you might have just bought a tax lien certificate to swamp land.

If reading the above gets your heart beating a little faster, it should. Wise and wealthy investors have been using tax lien certificate investing for as long as could be. With the guaranteed interest rate, over 98% success rate of delinquent taxpayers eventually paying you back and the certificate being backed by the property its self, I am not sure no I do not believe there is a safer way to invest.

Is investing in California Tax Lien Certificates a safe and very profitable investment, it is if you can buy them.

Stuart J Miller is enamored with tax lien investing. If what you have just read grabbed your attention on the possibilities of tax lien investing, go to California Tax Lien Certificates for more information and a complete 'System' to show you how to invest in profitable Tax Lien Certificates and Tax Deeds. Plus grab these 3 bonuses FREE- 1) Exclusive private invitation to attend a one-of-a-kind Q & A teleseminar with the Tax Lien lady, 2) How to use a Self-directed IRA to invest in Tax Lien Certificates and Tax Deeds, 3) State guide to Tax Lien and Tax Deed Investing in every state. California Tax Lien Certificates.

Source: www.a1articles.com