Frequently Asked Questions

A Tax Lien is a legal claim against the assets of an individual or business that fails to pay taxes owed to the government. Generally, a lien guarantees payment of a debt such as a loan, or in this case, taxes. If the obligation is not satisfied, the creditor may proceed to seize the assets.This is done by the "County", by holding an auction for the amount taxes owed. Some auctions are held in person or online. A Tax Lien Certificate is then issued to the winning bidder. These Tax Lien Certificates are guaranteed 16% - 36% interest, depending on which state that you're in.

A Tax Deed is a legal document that gives a government agency ownership of a property when the owner fails to pay property taxes. The government can then sell the property at a public auction to recoup the delinquent taxes. These auctions are also held in person or online.

Anyone can participate in these auctions if they have the funds to purchase the Tax Lien or Tax Deed if they are the winning bidder. Each State and each County has its own set of rules and regulations on participating in these auctions.

You will be bidding on these Tax Liens & Tax Deeds against other Investors. You would need to know what Tax Lien or Tax Deed is profitable. Not every Tax Lien or Tax Deed is profitable if you overspend for the property.

This is where BlueSteel Enterprises, Inc. comes in. With our strategies and knowledge, we can mitigate the risk on investment.

 There are risks in any investment to consider when investing. If you're the winner of a Tax Lien Certificate you are guaranteed 16%-36% of your investment during the "Redemption" period. The redemption period depends on the County.

If the owner fails to redeem during this period, you then have the option to foreclose on the property.

Tax Deeds are deeds that have already been foreclosed upon by the County. In essence you will be receiving the property as long as it doesn't fall under a redeemable state.

The redemption period is a set amount of time after a property has been auctioned off for the amount owed due to unpaid taxes. The property owner can pay the taxes owed, plus interest on the property, any other fees incured, to satisfy their the Tax Lien. The redemption period varies from Stat to State. Some States are more generous than others.

Tax Deeds are only redeemable in "Redeemable States". You have to know your State.