So I like this
concept and idea a lot, I really do. "No way to lose, either get
interest or get property." Sounds great, and it may very well be. I did
a quick search for tax lien certificates in my area, and I did find a
good amount of information to back what is being said on the
infomercial.
People say that
they are emptying their IRA accounts and buying these certificates,
wow. That scared me a little at first, but it def makes sense I guess.
If you will make 16-25% "per year" on your money, then great. If the
lien is never paid back by the owner, then eventually, the property
could be your. If there are any outstanding and/or additional taxes or
fees due at that time, simply pay them and you own the property.
If the person does
pay the back taxes (hopefully for there sake they are able to) you
simply get your money back, along with the interest on it.
Sounds really cool,
and if you have some money laying around that you don't mind tying up
in these tax lien certificates, as the Wealth Without Risk program
suggests, then it should all work.
My only thing as
usual with any of these products that are being offered through the TV
is, do you really need this course to get involved in purchasing these
liens? I was able to find a lot with a very short search. It tells you
right
on the commercial to search within the county level. From there it
seems to me that it's public information, available to all.
Any time you buy
something online, there will always be a "back end sale," or up sell of
some kind, and just can not help but wonder what that back end offer
with this program is. Usually some kind of hand holding program for x
amount of dollars more to get you really on the fast track.
Infomercials are expensive! You need to be making a heck of a lot more
that $19.95 to be profitable.
I would say that
all in all, Saen Higgins has uncovered a very viable way to invest in
real estate tax liens with his wealth without risk program. Maybe see
what you can find out with your own leg work first, then if all else
fails, drop the $19.95 for some help. Just be strong when the upsell
process gets underway. We have not yet found any negative reports on
the program.