Curious About Where to Buy Tax Deeds Online? How About Lee County, Florida?
Online investing isn’t new. For years day traders have been using the internet to amass
their wealth in the stock market. As more and more investment opportunities become
available, the folks who offer them want to make it easier for people to take part,
especially counties like Lee County, Florida who hold all of their tax deed sales (tax
defaulted property auctions) online.
Online tax deed auctions (online tax defaulted property auctions) are similar in many
ways to the traditional live auctions that they replace. Before each online auction in Lee
County, Florida, bidders must first register on the website to view and bid on the
current list of properties. If a bid is won, a deposit of $200, or 5% of the bid will be
required (whichever one is greater).
If you overbid on a piece of property and fail to claim it, the proceeds will be held for
one year by the Lee County Clerk of Courts. After that, it will be forwarded to the State
of Florida as unclaimed property. It can be retrieved at any time by visiting the Division
of Accounting and Unclaimed Property Bureau.
So, why invest in tax deeds online? One of the great things about when you buy tax
deeds is that very little actual work is involved. Sure, you need to head to the County
Office and obtain a list of properties up for auction. And, yes, you will need to spend
time researching those properties, but once you attend the auction and the property is
yours, you’re done! The property you just bought for cheap can be re-listed at market
value and a profit can be made. Holding the tax sale (tax defaulted property auction)
online just frees up more time for County Officials to get work done.
To learn more about tax lien certificate and tax deed investing, check out these
[FREE educational videos] at http://www.tedthomas.com You’ll learn about real people
who’ve achieved success—even with their first investment. This process is safe, secure