Investing In Tax Lien Certificates

Investing In Tax Lien Certificates

Investing In Tax Lien Certificates have made some friends of ours some great extra income. My husband and Iinvesting in tax lien certificates are also looking to earn money, we realize buying real estate by investing in tax lien certificates would require us to do some major home repairs but we are looking to do rentals and flips. Any help would be appreciated regarding others who have experience with investing in tax lien certificates.

5 Easy Steps to Investing  Tax Lien Certificates

If you spend some time researching, you’ll find that investing in tax lien certificates is a relatively safe, accessible, and lucrative investment opportunity. Continue at Mark Adams JD MBA “Investing In Tax Lien Certificates” »

My father took out a quick claim deed in my name against his home back in 2001. His home is now in foreclosure. Will I be responsible for the mortgage when it defaults.

Legal Reform Blogs

    Landlord Tenant Law Questions?

    I am a landlord, and I leased a residential condominium to a tenant in Florida. The lease is for 12 months. The lease began November 2008.

    In April 2009 the tenant began to delay rent payment, shorten the rent payments, and outright refuse to pay rent. In April 2008 the tenant did not pay rent. After attempting to communicate with the tenant by phone, mail, in person, and by email the tenant kept blowing me off or avoiding my attempts to collect the rent. Finally after pestering the tenant for weeks, he finally paid the April rent on April 28. However, his payment was short or deficient by 0.00.

    Then in May 2009 the tenant then again failed to pay rent. Initially, the tenant stated that his wife’s brother passed away, and he had to to out of town to attend the funeral. Then, the tenant stated that he was waiting for payment or compensation on a work project he completed. Then the tenant stated that he had a heart attack, and was in the hospital. Then tenant stated that his wife has pneumonia. Then the tenat stated that he was waiting for his son to give him some money.

    Then in late May 2009, the tenant started to complain about ants in the kitchen, and the thermostat not working properly. Shortly thereafter the tenant started to complain about dust conditions from restorative work that was being done on a flight of stairs by other property owners near the condo he is residing at. The tenant then demanded a deduction or adjustment on the rent payment for May 2009 for allegedly experiencing the ants, the thermostat not working right, and the dust conditions from nearby restorative work being done.

    I then filed a 3 Day Notice of Notice to pay rent or vacate. The tenant then did not pay the rent within the alloted 3 days. However, the tenant did pay the rent on the 4th day. After speaking with counsel I was advised to proceed with the evicition filing, and reject the tenant’s payment. I did as advised by counsel, and the tenant was served with the summons. The tenant filed an answer within the 5 days, and deposited the past due rent into the court registry. A hearing was granted to determine whether or not the tenant would be evicted.

    During the time frame up to the hearing, the tenant kept sending me nasty emails threatening to sue me civilly for property damages, terrible health conditions, loss of use, loss peace and private enjoyment, if I don’t drop the tenant eviction.

    Finally the hearing came around over a month later into July 2009, and the judge ruled in the tenant’s favor as to not evict him because he paid the rent even though it was a day beyond or after the alloted 3 days of the 3 day notice. I then filed another 3 day notice in July right after the hearing, and the tenant and my counsel had heated arguments, and debates. The tenant kept pushing with his threats that he is going to file a major civil lawsuit against me for the dust conditions originating from restorative work that another property owner had done on the flight of stairs near the condominium. The tenant kept proposing that I let him stay at the condominium rent free for the remainder of the lease, and he will not sue me. However, neither my counsel, or I gave in to his threats. The tenant finally paid the rent to my counsel on the third day of the three day notice. The past due rent that the tenant had previously paid into the court registry was released to me.

    The tenant then did not pay rent for August 2009. I filed another 3 day notice. The tenant did not pay the rent within the alloted three days. The tenant did not pay the rent any time after the alloted three days. I then filed another eviction proceeding. The tenant was served the summons, and filed an answer on the 5th day. However, the tenant did not pay any past due rent whatsoever into the court registry. The tenant also filed a motion to determine rent with his answer to the complaint. My counsel filed an immediate motion for default because the tenant did not pay any past due rent whatsoever into the court registry. The clerk would not submit, write, or grant the immediate motion for default because the tenant submitted an answer to the complaint. In the tenant’s answer to the complaint, the tenant complained about the dust conditions, and asked or seeked judgement from the court for an adjustment or reduction on the rent due for these alleged dust conditions. My counsel then amended the immediate motion for default, and asked for a hearing with a judge as to determine a writ of possession or not being that the tenant refused to pay the rent into the court registry. The hearing was granted.

    During the hearing which was today, the judge ordered the tenant to pay the rents due for August 2009, and September 2009 by this coming Monday. Pursuant to the judges order if the tenant fails to pay the rents due by this coming Monday, he will sign the order of eviction, and/or writ of possesion, and the tenant will be evicted. The judge also scheduled
    a hearing tentatively and contingent upon if the tenant pays the rent by this coming Monday. If the tenant does not pay the past due rents by this coming Monday, then the Judge will sign, and authorize the writ of possession, and eviction. However, if the tenant does pay the past due rents the judge will grant a hearing to hear the motion for default and decide againg whether to evict the tenant.

    My quesions are:

    Is there anything else I can do at this point to ensure victory, or is it all out of my hands now and into the hands of the court, and the judge?

    When you initially encounter a tenant like this who refuses to pay rent, should you just immediately file the three day notice and not try to work it out with the tenant outside the courts?
    BLCOHEN5:

    Thank you for answering my question. I really appreciate it. What do you mean when you say this tenant will try to take away my property for my abuses?

    Is it a good thing that I have counsel representing me in this matter?

    Do you think that there is anyting else I could have done, or could potentially do now in the legal process? It is very frustrating because he just keeps lying, scamming, and using whatever means he can to buy time, and avoid paying rent.


    Legal Reform Blogs

      I need SPECIFIC advice on disputing a tax lien?

      I have the withdrawal in my hand from the IRS. Yet, Im pretty sure at least one and maybe all 3 still show the lien.

      Part of the problem may be my county is broke and isn’t opening their mail.

      What, exactly do I do to dispute it ?


      Legal Reform Blogs

        I filed for divorce, my husband has not been served he is out of state. Does this mean thatt the divorce wont be processed until he is served? And if so how long does it take until its finalized? Thanks!


        Legal Reform Blogs

          I really need to know……….. I’m getting ready to invest $thousnds of dollars in this.


          Legal Reform Blogs

            http://www.abcactionnews.com/Default.aspx

            Our local Tampa Bay affiliate is carrying the details all day. SO far they interviewed Cooper who said U tube questions are asked then he has another… if the candidates get argumentative they have each been given alloted times to respond…
            It’s a big deal here. Ron Paul was also interviewed… I hope the link works so you can keep up. Any thoughts on tonight?
            Added this spanking bill was written by a woman careg iver and may be placed into law ??? Numerous countries have such a corporal punishment restriction. How will deflect these as he is Gov of MASS?? Target zero? Keep chiming in if you will. I am hoping for a debate about before and after. Thanks in advance.
            How will "Mitt" deflect sorry

            also polls have Rudy 38 % , Mitt & then MCCain Huckabee @ 11% ?? If they matter
            before no real votes have been actually cast.
            Another twist? Florida is one state where Democrats may boycott because of? REmove our delegates? Yet?? ideas on that slant welcome.


            Legal Reform Blogs

              I am trying to learn the benefits of each. It seems that with tax lien certificates, you have an investment, but rarely end up with the property- which is my objective. Also, what is the difference between a tax lien sale and a tax deed sale, and which one is the easiest way to end up with the property for the least investment? Also, what are the drawbacks of each and what are some things that I need to look-out for?


              Legal Reform Blogs

                Reposession laws in Florida?

                I bought a truck in FL @ a buy here pay here place. I have bad credit. I have since moved to PA. The truck is a piece of crap & I have put ,000 into it in a yr. The whole buying process was messed up. Anyway I sent them a letter stating that I am defaulting on the loan & they an come repo it from me. Ive had it with the piece of crap. It costs me 2 to 3 hundred extra dollars a month just to fix. Now I have some guy claining to be a detective saying I need to bring the truck to them or they are going to report it stolen & he is threatening me saying Im going to lose my license & my job etc. etc. Im just wondering what is it that they can eally do besides come & get the truck & try to get a judgement for me to pay the rest of the loan?


                Legal Reform Blogs

                  I have a Ballon Short Term Promissory Note valued @ 42K and a 160K Note/monthly payments of 5k plus with a person living in France that bought my business in Florida, U.S. Currently, the buyer is 30 days past due, as of June 1, 2008 and refuse to acknowledge payment(s) or pay balance owed. The buyer has appointed her brother as power of attorney who is currently running the business, is listed as corp. pres. and living in Florida. The brother, also the broker, knowingly and willfully breached the contract agreement, thereby, causing default of payment and forcing me to seek legal action. It very difficult for me to find an attorney willing to sue a person overseas (France) and; as a single mother of three children, my funds are limited and home is in foreclosure due to the loss of income provide by the buyer. I have a Security Agreement on the assets in the business, however, I released all my corp. shares to the buyer, and in good-faith I would be paid. There is no evidence, at this time, which the buyer knows what her brother is doing; however, the brother is doing everything he can to discredit me (going as far as accusing me of stealing from him (?), untrue). My Security Agreement and Default Agreement states that if the buyer goes in default all assets can be seized or sold to satisfy the loan (money owed to me). How can I sue the buyer or the brother acting as power of attorney without appearing in France? How can I sue the buyer in the U.S and demand for her to come to the Florida to settle? And, how can I file a judgment to seize the assets (the fastest way for results) if the buyer lives in France? Please keep in mind, the buyer’s cooperation (I sold her) is located in the U.S. (i.e. Florida) and all documents, closing, purchasing agreements and transfer of shares were executed in Orlando, Florida, U.S. Therefore, I don’t understand why the buyer is allowed to breach/default our agreement and disregard the U.S. laws that protect our right(s) for due process simply by geography. Is there anyone that can help me?

                  Sincerely,

                  Mary A.
                  Marypalmcity@aol.com
                  Thank you everyone for answering my question! I have made progress since my last posting and learned that the person living in France used a Florida address for contact. This means I can file against them in Florida… if they don’t create an international issue. In any event, I CAN’T AFFORD AN ATTORNEY. the debtors took my business (I sold them and three years of income valued @ nearly 200K.) I had plans to open another business, however, I’m living off my savings to support my family. This month I’m done and will lose everything. My American dream was stolen by someone aboard who used our legal system to bury me with the cost and time to take back what is mine. My next step is to file a judgment. But I need an attorney… don’t have the money, so I’m going to do this myself. Anyone with templets or example forms to file for judgment would help a great deal. I don’t need a ‘judgment lien form’… I think I need to file papers with the court to ask for a judgment. Florida Law.


                  Legal Reform Blogs

                    I have a Ballon Short Term Promissory Note valued @ 42K and a 160K Note/monthly payments of 5k plus with a person living in France that bought my business in Florida, U.S. Currently, the buyer is 30 days past due, as of June 1, 2008 and refuse to acknowledge payment(s) or pay balance owed. The buyer has appointed her brother as power of attorney who is currently running the business, is listed as corp. pres. and living in Florida. The brother, also the broker, knowingly and willfully breached the contract agreement, thereby, causing default of payment and forcing me to seek legal action. It very difficult for me to find an attorney willing to sue a person overseas (France) and; as a single mother of three children, my funds are limited and home is in foreclosure due to the loss of income provide by the buyer. I have a Security Agreement on the assets in the business, however, I released all my corp. shares to the buyer, and in good-faith I would be paid. There is no evidence, at this time, which the buyer knows what her brother is doing; however, the brother is doing everything he can to discredit me (going as far as accusing me of stealing from him (?), untrue). My Security Agreement and Default Agreement states that if the buyer goes in default all assets can be seized or sold to satisfy the loan (money owed to me). How can I sue the buyer or the brother acting as power of attorney without appearing in France? How can I sue the buyer in the U.S and demand for her to come to the Florida to settle? And, how can I file a judgment to seize the assets (the fastest way for results) if the buyer lives in France? Please keep in mind, the buyer’s cooperation (I sold her) is located in the U.S. (i.e. Florida) and all documents, closing, purchasing agreements and transfer of shares were executed in Orlando, Florida, U.S. Therefore, I don’t understand why the buyer is allowed to breach/default our agreement and disregard the U.S. laws that protect our right(s) for due process simply by geography. Is there anyone that can help me?

                    Sincerely,

                    Mary A.
                    Marypalmcity@aol.com
                    Thank you everyone for answering my question! I have made progress since my last posting and learned that the person living in France used a Florida address for contact. This means I can file against them in Florida… if they don’t create an international issue. In any event, I CAN’T AFFORD AN ATTORNEY. the debtors took my business (I sold them and three years of income valued @ nearly 200K.) I had plans to open another business, however, I’m living off my savings to support my family. This month I’m done and will lose everything. My American dream was stolen by someone aboard who used our legal system to bury me with the cost and time to take back what is mine. My next step is to file a judgment. But I need an attorney… don’t have the money, so I’m going to do this myself. Anyone with templets or example forms to file for judgment would help a great deal. I don’t need a ‘judgment lien form’… I think I need to file papers with the court to ask for a judgment. Florida Law.


                    Legal Reform Blogs

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