Comments for Property Tax Investing http://taxleincertificates.reinews.org News, Strategies And Opinions For Tax Lien/Deed Investors Tue, 21 Sep 2010 14:37:51 +0000 hourly 1 http://wordpress.org/?v=3.0 Comment on Pennsylvania County Extends Real Estate Tax Deadline by Joanne Musa http://taxleincertificates.reinews.org/2010/09/21/pennsylvania-county-extends-real-estate-tax-deadline/#comment-179 Joanne Musa Tue, 21 Sep 2010 14:37:51 +0000 http://taxleincertificates.reinews.org/?p=179#comment-179 Just one more comment, this will not effect lien investing whatsoever, since PA is not a lien state. And I do not see lien states adapting this solution anytime soon, since they rely on tax lien sales to make their budgets. Just one more comment, this will not effect lien investing whatsoever, since PA is not a lien state. And I do not see lien states adapting this solution anytime soon, since they rely on tax lien sales to make their budgets.

]]> Comment on Pennsylvania County Extends Real Estate Tax Deadline by Joanne Musa http://taxleincertificates.reinews.org/2010/09/21/pennsylvania-county-extends-real-estate-tax-deadline/#comment-178 Joanne Musa Tue, 21 Sep 2010 14:35:46 +0000 http://taxleincertificates.reinews.org/?p=179#comment-178 First of all Pennsylvania is a tax deed state not a tax lien state, and most counties in PA will work with you if can pay on a payment plan. You have to be 2 years late in order for your property to be sold at tax sale, and as the owner of the property at the time of tax sale, you can apply to reveive any overage from the county that is bid at the tax sale. In Monroe County the overage is automatically sent to the owner of record if there are no other claims from other lien holders. First of all Pennsylvania is a tax deed state not a tax lien state, and most counties in PA will work with you if can pay on a payment plan. You have to be 2 years late in order for your property to be sold at tax sale, and as the owner of the property at the time of tax sale, you can apply to reveive any overage from the county that is bid at the tax sale. In Monroe County the overage is automatically sent to the owner of record if there are no other claims from other lien holders.

]]> Comment on Pennsylvania County Extends Real Estate Tax Deadline by Michael http://taxleincertificates.reinews.org/2010/09/21/pennsylvania-county-extends-real-estate-tax-deadline/#comment-177 Michael Tue, 21 Sep 2010 13:17:32 +0000 http://taxleincertificates.reinews.org/?p=179#comment-177 It is impossible for it not to slow the process of a tax lien or do away with it all together. I see in the future as a result of this investors finding other avenues. It is impossible for it not to slow the process of a tax lien or do away with it all together. I see in the future as a result of this investors finding other avenues.

]]> Comment on Businessman Protests Property Taxes with 33,000 Pennies by Kazimierz http://taxleincertificates.reinews.org/2010/08/27/businessman-protests-property-taxes-with-33000-pennies/#comment-146 Kazimierz Tue, 07 Sep 2010 18:59:23 +0000 http://taxleincertificates.reinews.org/?p=159#comment-146 They treat us like ANIMALS . from the city to Washington. Thay forgot that their job is to SERVE the people. They treat us like ANIMALS . from the city to Washington.
Thay forgot that their job is to SERVE the people.

]]> Comment on Businessman Protests Property Taxes with 33,000 Pennies by hakchinoy http://taxleincertificates.reinews.org/2010/08/27/businessman-protests-property-taxes-with-33000-pennies/#comment-144 hakchinoy Tue, 07 Sep 2010 12:56:19 +0000 http://taxleincertificates.reinews.org/?p=159#comment-144 Pennies are transferable; I believe that treasurer should have been forced to accept that payment. Pennies are transferable; I believe that treasurer should have been forced to accept that payment.

]]> Comment on Businessman Protests Property Taxes with 33,000 Pennies by Dave http://taxleincertificates.reinews.org/2010/08/27/businessman-protests-property-taxes-with-33000-pennies/#comment-142 Dave Tue, 07 Sep 2010 02:15:32 +0000 http://taxleincertificates.reinews.org/?p=159#comment-142 I don't think that property fees should be waived but should certainly not have ever been that high to begin with! I don’t think that property fees should be waived but should certainly not have ever been that high to begin with!

]]> Comment on 3 Good Reasons to Invest in Tax Liens in Texas by LK http://taxleincertificates.reinews.org/2010/08/23/3-good-reasons-to-invest-in-tax-liens-in-texas/#comment-113 LK Mon, 23 Aug 2010 16:03:15 +0000 http://taxleincertificates.reinews.org/?p=149#comment-113 As a rule of thumb, texas does not get in a big hurry to bring delinquent properties up for sale. This give the investor who wants buy the property, time to research and market to the owner. Lk As a rule of thumb, texas does not get in a big hurry to bring delinquent properties up for sale. This give the investor who wants buy the property, time to research and market to the owner.

Lk

]]> Comment on New Jersey Township Lowers Interest Rates on Tax Liens by Paz http://taxleincertificates.reinews.org/2010/08/20/new-jersey-township-lowers-interest-rates-on-tax-liens/#comment-111 Paz Sun, 22 Aug 2010 16:15:50 +0000 http://taxleincertificates.reinews.org/?p=143#comment-111 Joanne - Great points as always. Joanne – Great points as always.

]]> Comment on New Jersey Township Lowers Interest Rates on Tax Liens by Joanne Musa http://taxleincertificates.reinews.org/2010/08/20/new-jersey-township-lowers-interest-rates-on-tax-liens/#comment-110 Joanne Musa Sun, 22 Aug 2010 15:39:31 +0000 http://taxleincertificates.reinews.org/?p=143#comment-110 meant to say default rate, not defaul rate in previous comment meant to say default rate, not defaul rate in previous comment

]]> Comment on New Jersey Township Lowers Interest Rates on Tax Liens by Joanne Musa http://taxleincertificates.reinews.org/2010/08/20/new-jersey-township-lowers-interest-rates-on-tax-liens/#comment-109 Joanne Musa Sun, 22 Aug 2010 15:37:57 +0000 http://taxleincertificates.reinews.org/?p=143#comment-109 It is unclear from the article sited whether this is a tempory fix, just for the 3rd and 4th quarter of 2010, or something that will be permantly installed. The article only says that 3rd and 4th quarter taxes were effected. It will be interesting to see what happens at next years tax sale. Will the maximum rate bid at the tax sale be 18%? My guess is that yes it will regardless of what the rate goes down to for the county. Right now even though the defaul rate is only 8% for amounts delinquent under $1500, they are still sold at the tax sale (in most municipalities) starting at a maximum rate of 18%. Right now I don't think that this will effect investors at all. It may even have the opposite effect that the municipality is hoping for. By lowering the interest on larger amounts of delinquent taxes they are giving the tax payer less incentive to pay them. This could actually add to the amount of liens in next year's tax sale instead of encouraging tax payers to pay the dilinquent taxes. It is unclear from the article sited whether this is a tempory fix, just for the 3rd and 4th quarter of 2010, or something that will be permantly installed. The article only says that 3rd and 4th quarter taxes were effected. It will be interesting to see what happens at next years tax sale. Will the maximum rate bid at the tax sale be 18%? My guess is that yes it will regardless of what the rate goes down to for the county. Right now even though the defaul rate is only 8% for amounts delinquent under $1500, they are still sold at the tax sale (in most municipalities) starting at a maximum rate of 18%.

Right now I don’t think that this will effect investors at all. It may even have the opposite effect that the municipality is hoping for. By lowering the interest on larger amounts of delinquent taxes they are giving the tax payer less incentive to pay them. This could actually add to the amount of liens in next year’s tax sale instead of encouraging tax payers to pay the dilinquent taxes.

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