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what is a tax lien certificate welcome back today's episode is answering the question what is a tax lien certificate and the answer is it's an alternative investment that thousands of Savvy investors really make use of it's also a little known but highly lucrative certificate that's available online as well as offline in today's example I'll reveal how investors who have learned how are earning generous in some cases outrageous returns in some instances 16 18 24 all the way up to 36 percent interest the tax leads are created by the local County governments when the property owners fail to pay their property tax across the United States there's over three thousand three thousand plus counties that are authorized by the state government actually by the legislature to lean and collect property taxes from all Property Owners Nationwide approximately half of the local counties will auction tax lien certificates now once you know how you can easily make money with a tax lien certificate now all property owners are required to pay property tax as I mentioned a little over half of the counties the local counties their property owner will benefit because the local County will sell a tax lien certificate and what's the benefit well the benefit to that defaulting owner is they don't push him off the property that means the property owner can stay on the property when you buy their tax lien certificate you have no right to the property you can't push them off the property all right so the Board of Supervisors and the County Commissioners require that is they mandate that the official County Treasurer lean defaulting Property Owners they give numerous notices of default however if the people don't pay the tax they're going to issue a tax lien certificates now newcomers always always asks what is a tax lien certificate basically it's a notice from the local government it's an encumbrance it's a lien against the property that the property owner must pay now if they don't pay they're actually going to lose the property [Music] most of the counties in the tax lien States they're really pretty benevolent so if the property owner fails to pay the local government the local government is authorized to Levy what does that mean it means they could seize and confiscate the property and resell it at a public auction all right ladies and Gentlemen let's get her going here stop me off where'd it be to go how about a thousand dollar open it up all right certain counties about 1500 of them Nationwide will actually sell a tax lien certificate rather than confiscate and seize the property so investors want to make money with tax lead certificates so in half the counties the United States they're very benevolent and they sell tax lien certificates and the rewards are really more than generous the local government issues and sells a tax lien certificate thousands of investors nationwide are delighted with...