Don’t bid on a parcel that sits next to a junkyard; noise, dust, stench, environment waste, etc. will all be waiting for you if you "win" this gem! Good luck selling it!!! A neighbor’s yard can look like a junkyard. A Satellite photo can show you if the neighbor has a messy back yard, or a shed that caught on fire and was never demolished.

The curb appeal of your neighbors’ house is just as important as the curb appeal of your house when you are trying to entice a buyer, especially if the market is hot and they have many homes to choose from.

Another essential tool for research, most importantly if you are going to concentrate of residential tax lien investing, is the deluge of real estate site available at a mouse click.

Now you can find out everything you would ever want to know about a neighborhood or even a whole city by just surfing the enormous number of real estate site that have comparables, resent sales number, noise and light level, and just general gossip. Never forget…knowledge is power!

Reason #3 Information about Foreclosures and Failing Markets

Whether you deem it to be a blessing or a curse; we no longer have any privacy. The internet has given us the ability to find mortgages that are in or close to default. It should be fairly obvious to you by this point in the book that if someone isn’t paying their mortgage, they are not paying their taxes.

This information is invaluable when you are making your desicion as to whether to buy tax liens for the interest or the property acquistion.

Banks and lending institution become heavy with foreclosed properties when the housing market crashes. They are not nearly as apt to pay off the back taxes on a property that is going to fill their books with more unwanted inventory.

It is much easier for them to write it off the books as being seized for tax evasion. As I mentioned above, so markets are MUCH more likely to redeem than others. Use the knowledge you accrue from your internet research on a given market to make an educated guess as to the outcome of your investment.

If you are only worried about getting an amazing interest rate, look towards investing in an area with a strong economy. You still maybe hit the jackpot, but it will be rare.

If you are looking to expand your real estate portfolio, look toward an area with a weaker economy. A lot of foreclosures and massive real estate sell-off are the indicators of choice. You’ll acquire your new property so cheap that you will be able to ask half the cost of your competition and still make a killing!

Reason #4 International availability:

The internet has opened the doors to the international buyers market for goods and services around the world. Tax lien certificates are a perfect example of this 21st century investing arena.

I don’t think you’ll see too many people flying in from Australia to stand on a county court room steps to bid for tax liens or deeds. While the hope of getting a home in America for pennies on the dollar is a huge draw to any savvy investor, now it can be done with your mouse, not a plane ticket.

Americans will always have the advantage of being able to easily travel throughout the country going to their favorite tax lien auction sites, but the advent of internet tax lien auction site has enpowered the world.

The great part is the county is getting their tax money to provide us with roads, fire and police departments, etc. Whether they use domestic or foreign investor dollars, we all win!

Any investors outside of the United States should consult their accountant for advice on the best way to create their portfolio.

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