Tax Lien Certificates: A Little Known Government Program That Can Make You Financially Independent

by Jim Yocom

Does this crazy stock market have you worried about your mutual funds, your 401-K, or your IRA ? Why worry? Did you know there is a government program that guarantees up to 50%? Your banker or broker... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1403308357
• ISBN13: 9781403308351
• Release Date: July 2002
• Publisher: 1st Book Library
• Length: 364 Pages
• Weight: 1.25 lbs.
• Dimensions: 0.8" x 6.1" x 9.1"

Customer Reviews

Tax Lein Certificates

This book is well written and provides a lot of valuable information like phone numbers, websites and addresses. Dates for annual auctions are listed as well. It's easy to use and well organized. Perfect for a beginner in Tax Lien investing. Tax Lien Certificates

Good Intro for Beginners

This is the first book on tax liens I've read so I don't have anything to compare it to. However, the info. presented in the book was very easy to understand and gives you a good grasp of why you would want to add this to your portfolio. I wish more states were covered; but that's okay. Overall, if you are wanting to become educated on the topic, this is a good place to start. However, if you want everything detailed and outlined; you're probably better off going to one of those seminars where they sign you up. This book will give any beginner a good first step. I plan on reading "16% solution" as well as doing more research on the internet...but overall, excellent first place to start.

A good start

Yes, this is a very basic beginning to tax sales, but it really helped me to get a foot in the door. I used to know virtually nothing about tax sales, and this was the first book that I read. (I've been researching tax sales for quite a while now.) Regardless of how basic it is, I came away with the beginning of an understanding to tax sales. Some books throw you right into all of the complications and details of tax sales, but I think it's important to make sure you have the elementary concept of them in the first place. However, after this I read "The 16 Percent Solution" by Joel Markowitz and would recommend it to anyone who already has a basic knowledge of tax sales. Also, there's a website called www.taxsale.com that teaches you even more and also shows when and where tax sales take place in each jurisdiction of every state.

Not as bad as it's been made to look

Despite all the reviews to the contrary, I found this book to be an excellent introduction to tax lien certificates. I think the mistake that other reviewers have made is that they expect a book on tax liens to guide you by the hand to tell you step by step how to buy a tax lien in a particular county or state you're interested in. Well, sorry to burst your bubble but any book that would include all the possible variations in the procedures followed would probably be too big to fit on your book shelf! This is a point that Jim stresses several times throughout the book - call the county you're interested in and FIND OUT how that county does it. If you're expecting to be spoon fed on how to buy certificates you'll be sadly dissappointed...Anything you could write about how to do it will probably be out of date by the time the book is published because laws change practically every day. What's needed is a general guide with some examples and the necessary information on where to get the latest on how to go about buying a tax lien. Jim has done just that. Having read several other courses, books, etc. on tax liens myself (some of which left me wondering which way was up) I can honestly say that Jim's book has done the best job of explaining tax liens - a topic that varies so much from state to state and county to county. If you want an easy, no-thought-required, way to invest your money, look elsewhere - this method requires you to actually do some work, take time to read state and county policy, thoroughly investigate....all BEFORE you spend your first dime! But it can be highly lucrative if you do your homework. This book is the way to get started...

A good intro to the world of Tax Liens

If you are new to the world of tax liens, this book will get you started.With tax liens you can earn 16% on average and up to 50% in some states, government guaranteed.Although banks are in the act (that should tell you how safe this investment really is) there NOT really that much competition for tax liens.Many people have heard about them, few are actually working the liens.This book is great as a primer, but you will need more information.