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Investing in Florida Tax Certificates
Investing in Florida Tax Certificates
Investing in Florida Tax Certificates
Ebook55 pages42 minutes

Investing in Florida Tax Certificates

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This informative little how-to book will educate and guide you through the Florida Tax Certificate Sales. Everything you need to know from the buying of the certificate to its redemption is fully explained in clear, easy to read language.

LanguageEnglish
Release dateSep 10, 2011
ISBN9781465719126
Investing in Florida Tax Certificates

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    Book preview

    Investing in Florida Tax Certificates - Kathleen Sepulveres

    Investing

    In

    Florida Tax Certificates

    BY K.E. SEPULVERES

    Copyright 2011 K.E. Sepulveres

    Smashwords Edition

    Smashwords Edition License Notes:

    This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

    Contents

    CHAPTER 1: Introduction

    CHAPTER 2: Why Are There Tax Sales and Who Are The Property Owners

    CHAPTER 3: Tax Certificate State vs. Tax Deed State

    CHAPTER 4: What Is the Interest Rate

    CHAPTER 5: Tax Deed Applications

    CHAPTER 6: Differences between the Two Types of Certificate Sales

    CHAPTER 7: Where to Get the Information

    CHAPTER 8: How to Interpret Property Information

    CHAPTER 9: Who Are the Buyers

    CHAPTER 10: Is There Leverage in the Type of Auction You Attend

    CHAPTER 11: Who Is Buying What

    CHAPTER 12: Creating a Bid Book

    CHAPTER 13: Internet Process

    CHAPTER 14: How Do You Make Money Buying Tax Certificates

    CHAPTER 15: Lessons in History

    CHAPTER 16: 2011 Tax Sale Analysis

    CHAPTER 17: 2011 County Information

    About the Author

    CHAPTER 1

    INTRODUCTION

    Is the day of an 18% return on tax certificates gone?

    You’ve watched the ads on TV and heard about the strategies to make thousands of dollars buying Tax Certificates. Many people are looking for the good life and spending big money on these books and tapes. Is this too good to be true?

    Buying Tax Certificates will not make you an overnight millionaire. Let me repeat: buying Tax Certificates will not make you a millionaire. This is not a substitute for a job. Buying Tax Certificates allows you to invest discretionary funds for a better return than what is now available at most banks. Buying Tax Certificates can be considered an Alternative Investment Strategy yielding above average returns with relatively low risk. Can you make money? Absolutely! Can you lose your money? Yes, there is always that risk.

    In Florida, no longer does one go to the county’s Tax Certificate Sale, along with 10 or 20 other individuals, and quietly, but aggressively bid 18%. Financial institutions have dominated the tax sales for the last 15 years. Their strategy was to bring in 50 or more individuals all bidding on the same certificates, but at a much lower rate of interest.

    Then, approximately 12 years ago, the onset of quarter bidding arose. That is, bidding a quarter of 1% or .25% on each prime certificate. Individual buyers sat shaking their heads

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