Tax Lien Certificates

[yellowjackets89]

What is the name of your state? OH

I have been reading up on tax lien certificate sales in Ohio. I was wondering if anyone out there has actually tried this? If so, is it something that is really worth it or is it a complete waste of time?

I guess I'm really asking if it's as easy as it sounds....you purchase a tax lien certificate from auction, you hold the certificate until (and "if") the property owner pays the outstanding tax (plus interest) to you....if tax is not squared up then you own the property for what you purchased the certificate for....

Thanks for any and all input!!!

[HomeGuru]

Originally Posted by yellowjackets89

What is the name of your state? OH

I have been reading up on tax lien certificate sales in Ohio. I was wondering if anyone out there has actually tried this? If so, is it something that is really worth it or is it a complete waste of time?

I guess I'm really asking if it's as easy as it sounds....you purchase a tax lien certificate from auction, you hold the certificate until (and "if") the property owner pays the outstanding tax (plus interest) to you....if tax is not squared up then you own the property for what you purchased the certificate for....

Thanks for any and all input!!!

**A: if you have no experience then my advice is to stay out of it.

[yellowjackets89]

The only way you can gain experience is to actually put forth an effort in doing something. I'm looking for advice and insight on this subject.....not to be told to "stay out of it" because I've never done it before.

I once heard that "there is a first time for everything"**************

[HomeGuru]

Originally Posted by yellowjackets89

The only way you can gain experience is to actually put forth an effort in doing something. I'm looking for advice and insight on this subject.....not to be told to "stay out of it" because I've never done it before.

I once heard that "there is a first time for everything"**************

**A: so just how many hours have you spent online doing research on this issue, how many books have you read, how many seminars have you attended, how many people have you interviewed**************..that's my point.