Luanne
Visitor
 Moderator
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Re:RICK TO LOSS - 2007/06/12 13:40
Hi Muang,
Thanks for your post on our Tax Liens discussion board.
That is a good thing about tax lien investing. When you purchase a tax lien, the owner must pay back the original investment PLUS interest.
Let's say the owner doesn't pay? Then the home goes to a tax deed auction where the money will be raised to recoup your initial investment- still- PLUS interest.
So, no, it is rare that you lose your principal investment.
Thanks,
Luanne TaxLiens.com Admin
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