A Guide To Purchasing Tax Liens Online

This guide to buying tax liens online explains the process used by most local government authorities to allow investors to buy tax liens online.
In the video linked below Ted introduces a short video where one of his students demonstrates how to buy tax liens online recorded during a live online tax lien auction.
How to buy tax liens online is a relatively simple process; though the rules are set by each state that sells tax liens at auction, and those rules are administered by the local government (county, parish, township, city, town). Most tax liens are bought at government administered public auctions, where investors bid on and buy tax liens online.

In some cases tax liens are sold by the local government without an auction process, this is where investors can buy tax liens online without a bidding process, and meaning the investor buys the tax lien and receives the maximum interest rate allowed by law. Most local governments that sell tax liens will have a guide to buying tax liens online, and many have practice sites, where investors can learn the steps of how to buy tax liens online without having to put up any money.

Each state has an annual tax lien auction with the time of year for the auction set by state law. Anyone can buy at the auction or sale, even non-United States citizens; all you need is a tax identification number (social security number or a business tax identification number for most U.S. citizens, and an Individual Tax Identification Number for most foreign nationals). All investors can buy tax liens online from their home state or country.

The following is a basic step by step process to go about buying tax liens online:
1. The investor logs onto the online tax lien auction website and provides some basic information to register as an online tax lien bidder such as:

a. Name of the person or other legal entity who will own the investment

b. Tax identification number of the investor

c. Bank account information for the transfer of funds electronically

d. The deposit amount the investor wishes to transfer is specified and transferred from the investors bank account (the deposit is typically a percentage of the total maximum value of tax liens the investor wishes to buy)

2. Next the investor researches each tax lien they are considering buying to ensure that the real estate backing the tax lien has sufficiently greater value than the tax lien. Most or all of the research you want to do can be found online.

3. The next step to buy tax liens online is to bid. That process typically involves selecting a tax lien and defining a percentage interest rate you are willing to accept as an annual interest rate on that tax lien. You can bid to buy more tax liens than your deposit will cover and the online system will stop buying tax liens in your name once your limit is reached.

4. After the online tax lien auction process is complete you will get a summary of what tax liens you bought and will either be required to electronically pay the balance of what is owed for your tax lien purchases, or get a refund of the unused portion of your deposit.

5. Next wait until the delinquent tax payer pays the property taxes and you will receive all your original investment in each paid off tax lien plus interest electronically transferred into your bank account.

6. Should any of the tax liens you bought not get paid off by the delinquent taxpayer, you can get the property for just the cost of the back taxes and fees.

7. Tax lien certificates that are not sold during the auction are often available to investors to buy online shortly after the auction using a similar process as used during the auction, but in this case there is no bidding. The first buyer to make an offer to buy a tax lien online gets the lien at the maximum interest rate allowed by law.

Each local government agency offering the opportunity to buy tax liens online has a guide to buying tax liens online available on their website that explains the specific rules of the online tax lien auction in that jurisdiction.

There are the basics to buying tax lien certificates online. Some may profit buying tax liens with this simple guide, but the sophisticated investors use advanced strategies to find uniquely profitable investments less educated buyers of tax liens overlook.

Ted Thomas has guided many investors to buying tax liens online, showing them the safest, most secure and predictable way how to evaluate and buy tax liens online. Ted’s been showing others the steps to successfully buy tax liens for over 25 years, and Ted Thomas has become known as America’s Tax Lien Certificate and Tax Deed Authority.

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Dan Nicholson
Dan Nicholson
06:29 14 Jun 17
Ted Thomas' tax sale training is among the best real estate courses I have experienced. It is very thorough, and teaches everything a newbie needs to know to get started quickly and to make money very safely with high yielding tax-foreclosed properties. There are approximately 3,000 tax foreclosure liens and deeds sold daily throughout the USA, so the opportunity is virtually unlimited. Ted's website delivers a ton of great information - tax sale calendars, video and text instruction, and instructive online instruction plus a Q&A session five days each week. A three-day intensive workshop with Ted and his experienced coaches presenting top notch instruction really clarifies any questions and concerns about Tax Foreclosures investing. Students can re-attend this boot camp each time it is offered at no additional charge. Ted definitely delivers much more than any other real estate Guru I know of. I strongly recommend his course. There is definitely a lot of money to be made with tax liens and tax deeds.
Verena Brand
Verena Brand
22:34 11 Jul 17
Ted Thomas, his office, and his coaches are giving a lot of value. The training online and his 3-day auction preparation workshops are complementing each other and worthwhile if you want to learn what you need to know to invest in Tax Lien Certificates and Tax Deeds successfully. His coaches are all actively investing and give you insiders' tips for Tax Sales. During the 3-day live event, I learned important things such as: How to increase your credit. How to protect your wealth. How to prepare yourself for a live and online auction. What land contracts are and how to use them. How CEO space can help you with your business. 13 different ways of selling a tax deed. In conclusion, I highly recommend Ted Thomas and his team if you plan to invest in Tax Deeds and Tax Liens.
Louie Pinto
Louie Pinto
13:32 08 May 17
I met Ted Thomas many years ago at an event. My wife and I were blown away with his knowledge and professionalism. He showed us a way that we could easily invest in safe and secure tax liens and deeds, and make some consistent returns. Well 3 years later, This journey has been amazing. Not only has my wife and I made money with Ted, His customer service team has been extraordinary. They make time to answer questions and I feel they really want you to succeed. His live events are priceless, since he brings in coaches and other successful students to share their expertise.Thanks again Ted, Kim, Bill W, Bill B, Ashley, Lance, Crystal and the rest of the team, that are helping my wife and I achieve financial freedom.
Marco Simon
Marco Simon
14:31 06 Jun 17
When I started this program, I have to admit, I was skeptical and quite frankly a little worried about being able to do this while still working full-time. I am so glad that I took the leap, I just went down to Florida a few weeks ago to the 3 day training and I feel confident that not only can I do this, I can succeed and possibly retire much earlier than anticipated. I am planning to attend my first auction in just a few weeks and I can't wait to put all my new skills to use and start making money! Thanks Ted and I really appreciate all the extra effort you and your team put into teaching me how to do this!
Bill Roth
Bill Roth
04:07 03 Jun 17
Ted Thomas"s program teaches you everything you wanted to know about purchasing Tax Deeds and Tax Liens for pennies on the dollar. I have been with Ted's program for a long time and always learn something new every time I attend one of his workshops. I have purchased multiple tax liens in Florida all at 18% and several properties in Michigan at tax deed auctions. I live in New Mexico where all liens and mortgages stay with the property, so every time I travel I am looking to using my training from Ted to purchase more liens and deeds. Anytime I need assistance I can call Ted's office and talk to his wonderful staff where I receive help anytime I need it. This is a proven program where you can make money from home spending as much time as you want. Bill Roth, Albq. N.M.
Douglas Adsit
Douglas Adsit
23:59 24 May 17
Having been an entrepreneur for over 30 years, the most important thing to me is working with systems that are proven but that allow for business creativity, so that you do not get stale or robotic. Ted's systems are strong and there is plenty of room for innovative results and exit strategies. The presenters were down to earth, smart and genuinely shared their successes. The potential to succeed is very high.
John Mills
John Mills
15:14 12 Jun 17
Ted Thomas provides real world training for those who want to increase their safe money rate of return through owning tax certificates or by buying the actual properties through tax deeds. I don't think anyone has more experience or teaches the material better than he does.My associate and I attended one of his 3 day events in Florida in Feb 2017 and got a great deal out of it.
Fred Wiedemeyer
Fred Wiedemeyer
14:03 12 Oct 17
Highly informative and straightforward workshop on tax deeds and liens by Ted. His admin staff - namely Ashley and Kim - are absolutely awesome!
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