Bergen County Tax Sale Offers Profitable Opportunities With Tax Lien Certificates Saen Higgins Favor
Property taxes are big business in New Jersey, as they account for 45% of all state and local source revenue, whereas nationally property taxes represent just 31% of state and local revenues. New Jersey is the only state in the country that requires all of its 566 municipalities to hold at least one tax sale per year. With a Bergen County sale coming up very soon, it was only logical to ask acclaimed tax lien certificate specialist Saen Higgins, author of the popular tax lien investment book Wealth Without Risk, what investors should look for in this sale.
Higgins, who owns and runs a 67-member team of professionals who teach others how to build a fortune with tax lien certificates, has high praise for the New Jersey property tax sales. Because each municipality runs the sale in its own unique manner, there are plenty of options for those who want to participate.
Investors can select from single-family homes, townhomes and condominiums, commercial property and even vacant land. New Jersey law requires that the township advertise at least four weeks prior to its auction date, and a notice also must be posted in at least four different public buildings in town. People who are interested in the sale can also send a self-addressed stamped envelope to the assessors office to receive a copy of the notice at the appropriate time.
Though potential bidders can access a property list by following various guidelines and filling out certain forms, perhaps the nations most comprehensive tax sale list is available through the web sites www.HigginsNationalTaxSaleDirectory.com or www.HigginsNTSD.com. Higgins National Tax Sale Directory list features more than 4.5 million tax
sale properties in all 50 states and all 3,300 U.S. counties, supported by color-coded maps, property locations, tax purchase prices, tax sale types and upcoming auction dates. Tax lien certificates Saen Higgins recommends are available in every one of these states and counties.
New Jersey tax sales, like the one for Hillsdale borough in Bergen County, are very advantageous for buyers, notes Higgins. They pay out 18% annually in interest to investors, and there is a two-year right of redemption. Where else can you get that kind of interest rate and, even better, one that is mandated by state law?
Saen Higgins is a best-selling author of many popular books about wealth-building, including his most recent, Wealth Without Risk, now available on www.Amazon.com. A self-made multi-millionaire, he has earned his wealth through teachable real estate strategies and, implementing these ideas, has purchased properties in numerous states throughout the nation.
Higgins, who owns and runs a 67-member team of professionals who teach others how to build a fortune with tax lien certificates, has high praise for the New Jersey property tax sales. Because each municipality runs the sale in its own unique manner, there are plenty of options for those who want to participate.
Investors can select from single-family homes, townhomes and condominiums, commercial property and even vacant land. New Jersey law requires that the township advertise at least four weeks prior to its auction date, and a notice also must be posted in at least four different public buildings in town. People who are interested in the sale can also send a self-addressed stamped envelope to the assessors office to receive a copy of the notice at the appropriate time.
Though potential bidders can access a property list by following various guidelines and filling out certain forms, perhaps the nations most comprehensive tax sale list is available through the web sites www.HigginsNationalTaxSaleDirectory.com or www.HigginsNTSD.com. Higgins National Tax Sale Directory list features more than 4.5 million tax
sale properties in all 50 states and all 3,300 U.S. counties, supported by color-coded maps, property locations, tax purchase prices, tax sale types and upcoming auction dates. Tax lien certificates Saen Higgins recommends are available in every one of these states and counties.
New Jersey tax sales, like the one for Hillsdale borough in Bergen County, are very advantageous for buyers, notes Higgins. They pay out 18% annually in interest to investors, and there is a two-year right of redemption. Where else can you get that kind of interest rate and, even better, one that is mandated by state law?
Saen Higgins is a best-selling author of many popular books about wealth-building, including his most recent, Wealth Without Risk, now available on www.Amazon.com. A self-made multi-millionaire, he has earned his wealth through teachable real estate strategies and, implementing these ideas, has purchased properties in numerous states throughout the nation.