GREAT INVESTMENT On an upscale Residential Home in Boca Raton, FL!!
Perhaps you've seen the infomercials on TV that offer to share the secrets of investing in real estate for no money down - or pennies on the dollar. Tax Certificates offer a great opportunity to invest in real estate! Whether you have bad credit or very little money, when you own Tax Certificates the possibilities are enormous.
Consider this:
• Option 1 - Conventional Methods. If you attempt to purchase property using conventional methods, you must have good credit, a cash down payment, you'll pay commissions to realtors and pay closing cost. It will cost you thousands of dollars just to get into a property. It will cost you hundreds of thousands of dollars to pay off the mortgage over 30 years.
• Option 2 - Tax Certificates!! If the property owner redeems - you're guaranteed to recover the face value of the certificate plus interest. Better yet, if the property owner does not redeem - you can acquire the property for a fraction of it's market value. If you acquire the property, you could occupy it, rent it, borrow against the equity or flip it!!!
What better way to acquire a valuable piece of property worth almost half million like this for literally "pennies on the dollar" through the Tax Certificate?
Here are the details:
Advertising Number 017967
Parcel ID 06434720240030010
Parcel ID 06-43-47-20-24-003-0010
Property Address 298 NE 2ND ST
Property City BOCA RATON
Property Zip 33432
Use Description SINGLE FAMILY
Year Built 1984
Construction Type WOOD
Living Sq Ft 2404
Legal Description KINGS COURT
Sale Price $415,000.00
Assessed Value $ 493,089
Building Value $ 109,526
Land Value $ 383,563
Total Value $ 493,089
Earn up to 18% interest a year or you can receive a Deed to this property for a fraction of it's value!
YOU ARE BIDDING ON A Palm Beach County (Boca Raton) COUNTY TAX CERTIFICATE. PLEASE READ THIS LISTING COMPLETELY BEFORE BIDDING.
This is a 2008 Tax Certificate. It was acquired through a competitive online auction bidding process run by the County government. Many bidders vied for the Tax Certificate to this property alone!! If the property has not been redeemed after just two years, the successful Buyer will be eligible to apply for and receive a Tax Deed to the property. Buyers return their certificate to the County and deposit expense money. After a title search, advertising, and notification of all interested parties, a Tax Deed is issued if there has been no redemption.
As the Seller, we will transfer ownership of this Tax Certificate to the successful Buyer once payment is made. As the Bidder, you acknowledge that you have either researched the property and developed opinions on buying this Tax Certificate or waived your right prior to bidding. Further, by bidding, you acknowledge that you are relying only on your research or due diligence of this Tax Certificate.
PAYMENT ACCEPTED: Paypal, Money order or Cashier's check only and within 3 days of winning auction.
TRANSFER COSTS: Total transfer costs is $175. The $175 additional fee covers certificate preparation, listing and transfer fees.
DISCLAIMER: Seller is not responsible for the accuracy or completeness of the information contained in this offer that was obtained from third parties, including the Tax Collector, property appraiser and any others. It is the bidder/buyer's responsibility to fully research before making a bid. Certificate sold "as is". This is a real estate investment instrument.