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New York Tax Lien Certificates
Tax certificates are an easy, sturdy investment that can help wise investors receive a larger, more secure return on investment.
New York holds both tax lien and tax deed sales, but its options for deed sales can be significantly more lucrative than liens. Counties that hold lien sales usually offer an interest rate of 14%, but New York City lien sales are not open to the general public.
Lien sales are usually held in April or August and have a redemption period of about one year. Like most other states, the bidding is carried out on a competitive basis. In contrast, some municipalities may hold their own sales.
In this case, the general rules and regulations regarding the sales will vary. Aside from counties where tax liens are not open to the public, New York is considered a good state for lien sales, and an even better one for deeds.
Marilyn Martens
Peggy Palms
Rocco Tripepi
A Startup Guide for New York Tax Liens
If you’re wondering how to get there from here, we have the answer! Ted Thomas devoted two years of his life toward finding a unique and trustworthy investment. Now he’s the country’s authority on tax lien certificates and tax deeds!
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Counties sell tax certificates to collect past-due delinquent property taxes. You can be a part of tried and true system if you simply attend an auction and successfully bid for a tax lien certificate. There’s a 100% chance you’ll see at least a full return on your investment capital. And if things go sour and the owner fails to pay their taxes, the property becomes yours!
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