If you’re at this Web site you know something about the Economy that Most People Don’t…

Why do investors from Main Street to Wall Street eventually find their way into the tax lien and tax foreclosure markets?

In a bad economy people have a hard time paying down debt (credit cards, auto loans, sub-prime mortgages, ARMs, student loans, medical bills…). And though debt collectors from all of these groups dun the debtors through the mail and call them at home and at work – a municipal tax lien has first position over almost every other form of debt in the United States. That makes a tax lien certificate a valuable (sometimes interest bearing) asset – backed by real property which has position over most other debt incurred by the home owner. And when that debt isn’t paid the purchaser of the tax lien has the right to institute a tax foreclosure.

The other Shoe is about to Drop on this Economy – and its Unpaid Municipal Property Taxes.