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Let me guess: you’ve probably never even heard of deedgrabbing before, and stumbled on this article by googling the term to try to find out what it was, or by following another link here from a real estate investing site. If it was the latter, it was probably a tax lien or tax deed investing site- trying to persuade you that investing in tax sale properties is the best way to make money in real estate. That is certainly the case– just not the way other people are telling you to do it. Before I tell you how I made big money my first time out deedgrabbing (of course, at the time there was no term for it– Rick Dawson has since coined the term), let me tell you why tax lien and tax deed investing is NOT the best way (or in many cases, even a good way) to make money from tax sale properties.

First of all, my friend, you’re a little late. There are already multi-million dollar corporations that buy up millions of dollars worth of liens at your local county tax sale. They have professionals on staff analyzing financial data to figure out which properties are actually worth their time and money to invest in. Thus, they’re going to be going after the very same properties as you are 99% of the time. Since they have tons of money to work with, their maximum bid is going to trump yours, every time. All you’re going to get out of attending the government tax sale is a headache, and a pain in your you-know-where from your wife or husband kicking you in the rear.

That should be reason enough to deter you from attempting to invest at the tax sale. If it wasn’t, here’s another reason: what you see isn’t necessarily what you get. You oftentimes can’t inspect the property you’re bidding on. In the case of tax liens, since it takes years many times to acquire the property’s deed (the owners have a nice long period to pay you off, and do 95% of the time), in that time the property can deteriorate quite horrendously. If you’re in it for the interest and don’t mind holding a pricy lien on a property (since everyone was bidding against you, and bid it up so high), then great- IF you get paid off. Find yourself in that unlucky 5% and you may have a property on your hands that you paid dearly for that may have a giant hole in its roof- or no roof at all.

If you haven’t guessed it by now, you needs loooooots and lots and lots of cash to go this route.

It’s really not necessary to go to all this trouble. There’s a much better way to get this very same property, BEFORE the sale (or time to pay off the lien is up), directly from the owners, and at a tiny, tiny percentage of the cost. It involves contacting the owners at a strategic time, knowing the right things to say to make them see that selling to you for pennies on the dollar is their best option, and then selling the property immediately BEFORE you even have to pay the taxes off.

That’s how I made $7375.75 off my first property- did I mention it was on my first try, and in a matter of 4 days? It’s not $7 million, but I don’t think anyone reading would be unhappy with $7,000 for 4 days of work.

Want to learn the secrets of deedgrabbing? Go to deedgrabber.info.
Olliver Kennedy is a successful entrepreneur and real estate expert.

[tags]deedgrabbing, deed grabbing, deedgrabber, deed grabber, tax sale investing, tax lien investing[/tags]

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All around America people have seen home sale slowdowns, while Marin County real estate is beginning to move up in sales as the summer starts. National Housing markets generally have picked up during the summer in years past. Homebuyers should invest in in the area because of the tremendous possibility of equity building.

Home values increased every year since the Great Depression in America until the most recent downturn. Don’t let that fool you. Think about putting your money toward Marin real estate because of the lifestyle and long-term investment yield. Factors you can consider when buying a house are looking good in Marin.

Weather in the county is awesome for both homebuyers and travelers. The moderate weather and beachfront property boost real estate because everyone wants to live in that type of climate. They all want to go to the beach in the summer, or even in the winter if the time is right. There’s a long coastline in California, but Marin is located in “the bay area” (what the locals call it), which is in Northern California. The area is more desirable than Southern California because it rarely gets too hot to go outside.

Proximity to urban centers and economic activity is another important factor to consider when looking for places to buy property. San Francisco is very close to Marin County and real estate is boosted by this fact. There’s a lot of opportunity in a big city like that with so many people. Marin has a small town feel without being too far from economic development and urban centers.

Closeness to universities and colleges is another thing to think about when weighing options on home investment. The College of Marin helps Marin County real estate because of this fact. There are a lot of world class learning institutions in the city that helps boost value too.

This is because of the earnings potential generated from rental properties. This boosts the value of homes because other people who want to put money in the area see that they can turn a profit. Even if the home you buy never is rented out this fact can boost your equity because of the possibility. Real estate is booming because of renting potential.

The lifestyles of the people in the area you’re looking into should also factor into where you want to invest. Marin real estate is great because people in the area love to do outdoor activities and there are recreational activities abounding in the area. Olompali State Historic Park is the site of the oldest home north of San Francisco Bay. It was built out of adobe in 1776, right around when the United State got independence from Great Britain.

Your money is worth investing in Marin real estate, so say “yes”. The amazingly beautiful area boosts Marin County real estate because it’s a great place to live and earnings potential is everywhere you look.

We’ll help you find Marin County Real Estate and homes for sale in Marin County and much more.

[tags]marin county real estate, investing[/tags]

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MSN money counts Asheville in North Carolina as one of the top ten towns for second home investment. One of the reputed magazines calls it one of the Top 15 dream towns to reinvent your life. So now that you are thinking about buying a cute little summer home, why not Asheville?

Real estate owners say now is the time to invest. But up until now, summer houses used to be a matter of luxury and owned only by the rich and the affluent.

Come recession though, that thought is history. With easy credit flowing, every other individual can afford to buy a summer house in one of the five cities called special by USA Today-Asheville. Real estate owners in fact affirm that they have seen a tremendous rise in their sales during recession.

So why this sudden “hoo haa” among real estate experts about investing in a second/summer homes during recession? This is simply because housing prices take a nosedive during such times. Besides this, there is also a fall in stock prices and interest rates.

What is important while buying a real estate property is to keep in mind the price at which you are getting it. When property prices fall, it doesn’t really matter how much they fall, what matters here is how much you are able to invest in them when they are limping back. Asheville, real estate agents claim had more sellers than buyers when recession started.

However, now the scenario has changed, there are more of buyers investing in summer homes than sellers. Also the fact that turbulent times call for more reasons for getaways, adds weight to people’s decision to invest in a summer home. Thanks to the economic global meltdown, the property prices drop and people take advantage of this time and invest all their saved money in buying a second home for themselves.

The moment the market recovers, they sell the same property at a much higher rate than they had actually bought. So in short, recession is a blessing in disguise to help you invest wisely and as per your desire.

You can invest in a second home and rent it out as well, so that the income that you get out of it serves as some relief during such financially sticky times. Real estate is the best place to invest at any time of the year.

All you need to think about is whether the place is worth investing the amount you have decided to put in, whether the resale value will fetch you enough money to cover your investment and how good the property is. So what are you waiting for, think wise and invest at the right place to overcome the hard time called recession! Plan it right and yield the fruits it bears.

In Asheville real estate professionals can help to deliver the home you expect on time and without any difficulties. To learn more about investing in this urban haven, visit http://www.preferredrealestatecenter.com

[tags]Asheville real estate, real estate asheville nc, real estate in asheville north carolina[/tags]

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If you’ve been lured in by infomercials like the one by John Beck, promising that you can buy government-seized tax sale properties for almost nothing, you need to read this article. It’s not as simple as these television real estate gurus make it out to be, and if you’re not careful, you could end up in over your head, the owner of a piece of property you really don’t want. But more often than not, you’ll just end up wasting time and money on programs like the one John Beck sells, and then find yourself at tax sale auction unable to buy anything even CLOSe to what you saw on tv.

Why?

Well, for starters, these infomercials are trying to sell you on their product. The homes they show “free and clear” looking like a celebrity could live in them are often “after” pictures– what they don’t show you is the hideous state of disrepair the properties were in when they were bought for so little, or the thousands, tens of thousands, even HUNDREDS of thousands of dollars that had to go in to rehabilitating them to the point that they looked good enough for tv.

But even if they had shown you the actual state of the property at the time of purchase, what they don’t tell you is that at government auction, there is little to no chance you will be able to buy one of these properties. Why? Because there are companies with millions of dollars of operating capital and full staffs that spend all their time researching the upcoming tax auctions. These seasoned bidders will be standing right alongside you, and they can afford to make a smaller return on their investment simply because they have so much money– you’ll likely be outbid every single time. Plus, you’ll find that after you stop bidding, others will continue to bid, until the property has almost reached market value.

I’m sorry to be the one to tell you.

So there’s no quick and easy way to getting great properties at tax sale. HOWEVER… this doesn’t mean than tax delinquent property isn’t your cash cow, my friend. Quite the contrary, you just have to be a little smarter about it than your competition. You can still collect on those great amounts of equity in tax sale properties, but you’ve got to get to them before the government sells them at auction. You must locate the owners and approach them at a strategic time in the process, and help them see that it will benefit them to sell to you instead of losing everything at the auction (which is true).

Want to learn the secrets of deedgrabbing? Go to deedgrabber.info.
Olliver Kennedy is a successful entrepreneur and real estate expert.

[tags]tax deed, tax deeds, tax deed sale, tax lien sale, deed sale, tax deeds for sale, John Beck[/tags]

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So… you’re interested in investing in taxliens or deeds at tax sale. You’re one step ahead of the pack. I’m referring to the beginners chasing after mortgage foreclosures. Perhaps you’ve been there yourself recently, and are just now breaking into investing in tax delinquent property after getting sick to death of all the pitfalls you encountered dealing with mortgage foreclosures.

Taxlien investing is a good strategy if you’re looking for a good interest rate on your invested funds. In some states you can collect interest as high as 18% when the owners of the property for which you hold a lien pay you off- and if you buy the right property, they do usually pay you off (I’ve read statistics that say 95% of all tax liens get paid off before the property is lost to the lienholder). The best way to gamble here if you don’t want to end up with a deed to the property is to bid only on very nice properties. These owners will usually find a way to avoid losing their homes.

Unfortunately for you, you’re up against some heavy competition at the tax lien auction. There are mega tax lien investment companies with representatives bidding on all the best stuff, and good properties usually end up being bid up close to retail value- and sometimes higher. Who cares, if all you’re looking for is the interest? Well, in the event the owner doesn’t pay you off, you’ll end up with a deed to a property you don’t want. Another drawback is that you sometimes have to hold these liens for YEARS before you see a dime.

Investing in tax deeds poses similar problems- namely, that the intense competition at the sales usually results in any property you’d have a desire to buy being bid up so high that you can’t make any money off of it. And frequently, there is a period of time where the owner can STILL pay off the taxes- so you might end up jumping for joy over a rare great deal, and then find the property redeemed even after you bought the deed.

So, what’s the solution?

I got lucky. After no luck at the tax sales, I was bummed out and trying to think of another way I could make some money off these properties. I really wanted to be a real estate investor. My mind was wandering, and I started thinking about the owners losing the properties, and what a bum rap that was.

Suddenly the thought struck me: what if I found out who these people were, and gave them a call when it was getting close to the time they’d lose their property, and all their equity with it, and see if maybe we could work out a deal to save them from losing everything?

It took ONE phone call to ONE owner, and that was it for me- I knew I’d found a gold mine. And it had so many side benefits- first and best, NO ONE ELSE WAS DOING IT!! I also had the warm fuzzies every night when I went to bed because sometimes, when I contacted owners, for a variety of reasons, (like the county didn’t have the right contact information for them) they hadn’t received notice their property was going to tax sale, and I saved their butts!

But the majority of the time, I encountered owners who were ready to walk away from their tax problems, and were overjoyed to see the property going to a hardworking young guy like me instead of to the tax lien holder. (Who may well have been another hardworking young guy, but seemed like a monster to the owner!)

Since almost all of these properties had no mortgages (or else the mortgage company would have bailed it out to stop from losing it to the government), I was getting deeds to properties for as little as $10 (no joke) with equity in the tens of thousands of dollars- all because these owners no longer wanted to deal with the property.

This, my friends, is known as “deed grabbing.”

Want to learn the secrets of deedgrabbing? Go to deedgrabber.info.
Olliver Kennedy is a successful entrepreneur and real estate expert.

[tags]taxlien, tax lien, tax sale, back taxes, tax sales, deed grabber,[/tags]

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We have all heard the bad news about the economy. Turn on any news program and more often than not the leading story is a doomsday report of layoffs, budget cuts, and the recession. However, rarely do you hear about the flipside of an economic downturn, which is that the real estate market is a hotbed of great values for your money.

Unfortunately, one person’s hardship may be another’s opportunity as the market is suddenly flooded with vacation homes that people can no longer afford and that need to sell quickly.

Beautiful homes in places like Hawaii, Arizona and Florida are now sitting empty, often with both the home owners and the banks wanting to sell them as quickly as possible and for an affordable price. If you are one of the fortunate with the savings to buy a vacation or retiree home, you can find good values in the current economy.

Why buy real estate now? It’s a buyer’s market but it may not last for long. Economists have predicted that the real estate backslide has begun to slow and many homes are at their lowest price.

Home owners are desperate to sell as they are unable to maintain their mortgages and the market is now flooded with real estate options, leading to a simple matter of supply and demand that is resulting in below-cost values are a number of properties.

Because of this, it may also be easier to negotiate repairs, closing costs, and other selling points in your transaction. It is estimated that the real estate prices will soon begin to go back up as the economy slowly recovers, which is predicted to happen in 2010. Therefore, if you have been considering purchasing that vacation home or retirement home in the next few years, right now is the best time to find a good value for your money.

If you hesitate, you may lose out on a valuable financial window of opportunity. Once you decide to take the plunge and invest in a vacation or retiree house, there are a few steps to make the process go more smoothly. Take the time to shop around to various lenders in order to get the best loan rate and the amount you are pre-approved for.

You will want to take into account the property taxes in the area where you are browsing homes so that you have a realistic view of your monthly mortgage payments.

Once you take care of these simple steps, you are ready to being shopping for a house that is a great value for your money and you will be able to turn a bad economic situation into a golden opportunity!

In Asheville, real estate agency helps you find a home as per your desire. To find your dream house and to explore more options, visit http://www.preferredrealestatecenter.com

[tags]real estate asheville nc, real estate in asheville north carolina, asheville nc real estate[/tags]

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There are many beautiful neighborhoods that are home to many luxurious Temecula properties, and thanks to the expertise of home builders, those who are looking for a new home in the area find the opportunity to own the home of their dreams here. Home builders bring to life the elegance of fine living with the convenience of luxurious amenities for homebuyers, and from generously proportioned gathering/family rooms to professionally landscaped yards, Temecula properties exhibit some of the finest living in the state.

The essence of family living is captured in the grand homes of this area, and the area itself is known for its splendid beauty coupled with convenient family living opportunity. Beautiful parks and paseos, communities with fields and play areas for the children, and many opportunities for shopping, entertainment, and fine dining are nearby. Wineries and award winning golf clubs are found close by as well, as is the Promenade Mall to take the children shopping at and the Pechanga Resort & Casino for lively fun on nights without the kids.

There are many different floor plans that premier builders of Temecula properties have for homebuyers to choose from. Some offer plans with expansive family rooms, large kitchens, multi floor plans or single level floor plans for convenience, and flexible options for home building to personalize and individualize each home according to the buyers preferences and tastes. Some of the most in demand communities from premier home builders offer amenities such as private recreation centers with spas, swimming pools, exercise rooms, banquet rooms, and more.

Temecula properties also are in the area of an elementary school, a middle school, a high school, and a large sports park that spans 43 acres is also in the area, complete with lighted baseball and soccer fields, four lighted basketball courts, and more. The Temecula Valley Unified School District is an award winning school system that serves these premier communities, further contributing to the family friendly atmosphere of the communities within the area.

There are actually more than 40 public parks and recreation centers that surround Temecula properties, and finding the perfect home is facilitated by those home builders that strive to help buyers live their dreams in the homes of their dreams. With flexible floor plan options, a wide selection of indoor and outdoor personalization options, and an area that is renowned for its beauty and family friendly atmosphere, Temecula properties are some of the most in demand in the state.

To know more about Temecula properties please visit our website.

[tags]Temecula properties[/tags]

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If you’re hoping to get your start in real estate investing, one of the first places you probably looked was mortgage foreclosures. You probably contacted (or tried to, anyway) owners of properties who were about to lose their homes due to non-payment of their mortgage. If you were lucky enough to get anyone to answer the door or phone, you tried to strike up a deal with them to buy the property and make some money on their equity.

Sound familiar?

This is a really popular technique, and some people have made good money using it, but it’s a very competitive field. If you’ve been running in circles trying to make money this way, I would highly recommend you give a similar, but much more successful concept a try - “deedgrabbing.” Instead of chasing people in mortgage forclosure, you’ll be contacting owners of tax-delinquent property. And even if you are successful in the mortgage foreclosure field, you’ll want to stay tuned for this- it’ll be a great tool to add to your real estate investing arsenal.

The big reason I like working with tax-delinquent pre-foreclosures better than mortgage preforeclosures is that mortgage foreclosure properties all have a mortgage against them! Duh! So to begin with, you’re already dealing with a large debt against the property- and probably unpaid taxes to boot! It’s not easy to figure out from your mortgage list how much you’ll actually need to pay off the mortgage, because there are also attorney’s fees, interest, and other debts that aren’t published. These charges accrue by the day. Don’t learn this one the hard way like I did- my first mortgage foreclosure purchase ended up taking DOUBLE the amount published to pay off!

Also, you might be following dozens of leads that are reported active, but have already reached a settlement agreement. If you do happen to find an owner interested in working with you, they almost always end up not wanting to sell the property and asking you to loan them money or figure out another way for them to stay in the house.

Finally, and most importantly, if you DO get a deal on a mortgage preforeclosure with a lot of equity, somebody (you!) is going to have to come up with all the money to make the payments to stop the foreclosure. Then, while you’re trying to deal with the whole mess, you’re going to have keep making those mortgage payments!

The thing I hated the most about mortgage pre-foreclosure investing? Everyone and their brother is also working them! These poor owners have gotten so many calls from other investors- not to mention all their other creditors- how was I supposed to get my calls answered when they’ve been conditioned by months of calls and out-and-out harassment to avoid answering the phone at all costs? Forget sending letters- they’ve learned to throw those out too.

As they say, “necessity is the mother of invention.” I wanted to work investing in real estate, so I had to find a better way- and boy, did I! I found a real estate investing method that eliminates ALL the problems with mortgage foreclosure investing– investing in tax-delinquent property… ready for this? Without bidding at the auctions with all the other bidders! I’ll get to that in a minute, but first- why tax delinquent property?

First of all, most tax-delinquent properties that make it all the way to the point where they’re scheduled to be auctioned off don’t have a mortgage- because rather than lose their interest in a property to the government, mortgage companies have paid off the taxes on properties with mortgages long ago. So most properties you’ll find are free and clear! If you’ve been investing in mortgage foreclosures, join me in yelling “WHOOPEE!”

Secondly, you will find a much higher percentage of properties at this point have been abandoned- and these are the easiest to quickly buy and re-sell. Owners are DYING to get rid of these!

Another benefit? Very few owners will be trying to get you to be their lender or landlord. Whew!

With tax-delinquent properties, there are firm dates at which “all is said and done.” When the date of the auction or the deadline to pay off the taxes comes, the owner loses their house- period. Do you think they’ll want to lose their equity to the government, or make a deal with you before then?

Last, but best of all…

Almost no one is doing this. And since you save them from losing everything at the last minute… owners are overjoyed to hear from you!

Want to learn the secrets of deedgrabbing? Go to deedgrabber.info.
Olliver Kennedy is a successful entrepreneur and real estate expert.

[tags]tax lien, tax deed, tax sale, mortgage foreclosure, pre-foreclosure, real estate investing[/tags]

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It seems like every time you get up for a good ‘ole 3 a.m. snack these days and flip on the tv, you’re bombarded with a new real estate “guru” trying to convince you that the next big cash cow is buy properties at tax deed auction- that is, properties the government has seized for non-payment of taxes. John Beck was recently “outed” for having deceived his audience with the pictures of the beautiful properties supposedly purchased at tax deed auction for $1000- or less. As they say, if it looks too good to be true, it probably is. Here is why tax deed auctions SEEM like the place to get a great deal- but actually are a huge waste of time.

First off, what you see isn’t always what you get. Each state is different, but in many states, you don’t get to inspect any of these properties until AFTER you’ve bought them. There’s no way to know the proper condition, and thus no way to really know how much you should invest in them. Furthermore, oftentimes you don’t get immediate possession of the property once you’ve got the deed- and in some states, you have to buy a lien against the property, wait for the time for the owner to pay off the lien to run out, and THEN apply for a deed. In this waiting period, any number of things can happen to the property. Even if you were reasonably sure when you bid that it was a nice property you were trying to buy, by the time you get it, it may be in considerably worse condition than when you first bid on it. Not to mention, if you’ve been around for the last several years, you’ve seen what can happen to property values in the midst of an economic downturn. Yikes!

Even if that weren’t the case, your odds of actually getting a property or a lien at one of these auctions is very small. With all the publicity tax sale investing has gotten in recent years, sales/auctions are filled to the brim with other bidders like yourself. By the time the bidding is over, most decent properties have been bid up close to retail value. You’ll be bidding against big companies that spend all their time researching these properties, and who can afford to make less money on their investment, just because they have so much of it. Unless you’ve got tons of cash, chances are you can’t compete.

I know this will surprise you in light of the above statements, but… I still think tax sale property holds the best opportunities to get great bargain properties you can make a lot of money on. JUST NOT AT TAX SALE. It’s a system called “deedgrabbing”, involving little-known loopholes to get properties before the auctions, without bidding, without almost ANY competition (it’s a pretty well-kept secret), and yes, for VERY little money.

Want to learn the secrets of deedgrabbing? Go to deedgrabber.info.
Olliver Kennedy is a successful entrepreneur and real estate expert.

[tags]tax deed auctions, tax deed auction, tax auction, tax sale, tax deed sale, tax lien auction[/tags]

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In order to buy a tax lien property you must first decide which states or counties are conducive to producing conditions that will allow you to end up in ownership. In addition you may want to consider purchasing tax deeds instead, as the process is set up in a way that gives you a better chance at property ownership.

Before you buy a tax lien property you have to purchase the tax lien certificate first. In order to get a certificate you will have to bid on the sale in many cases. This process can differ from state to state, and county to county. The bidding process starts at 18% in Orange county Florida and they in fact begin to bid down from there. In other words, whoever is ready for the lowest amount of interest will end up winning the certificate.

In general, assuming that you win the bid for the tax lien property certificate that you are interested is to foreclose on the assets that you have. This process varies from state to state but usually you will have to wait until the redemption period is over, in order to start the foreclosure procedure. The redemption period can differ anywhere from six months to a few years.

Here are the different types of liens:

1. IRS liens: IRS liens take precedence over any other lien on a piece of property. Once you find out the amount of the IRS lien, you may be able to speak with the IRS and negotiate how much they will accept to forgive the arrearage.

Tip: Make sure you get that in writing! Another little known fact is that after 10 years, unless the IRS renews the lien, the lien drops off their list.

2. Real estate liens: Those are the next on the priority list. Those must be satisfied. If you go to an auction and if enough money is paid for the property to pay off only the first mortgage, then everything beneath that on the priority list is wiped away. If you buy a second mortgage and then you have purchased everything above that on the priority list. You need to have completed your due diligence and know the lien priority.

3. Other liens: Other liens may include
Second Mortgage
Homeowners Association Fees
Mechanics Lien
Lawsuit
Judgment

All these other items go on the priority list by the date on which they were filed at the County Recorders Office.

Understand the order of liens on a property at http://www.weknowthewayback.com. Know more about tax lien property explained by the author who is an entrepreneur, author, real estate investor, teacher and speaker. Visit today and get benefited!!!

[tags]free financial advice, financial loss, capital gain loss, mortgage debt relief[/tags]

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