PROPERTY INFORMATION
Read this listing and our store policies carefully and completely before bidding! This is a TAX LIEN and is not a deed to the property. NO RESERVE!!
Closing Fees of $99
The parcel is on the north side of Youngstown. 1 block from Youngstown State University and block from Interstate 422 and 3 blocks from Logan Ave.
This Tax Lien includes 3 Tax Liens Certificates totaling 1 Parcel. This lien earns 18% each year.
| Parcel Number | Full Accrual | Face Amount | Date Issued | Date Exp. |
| 53-010-0-035.00-0 | $90.42 | $46.49 | 4/30/2004 | 4/30/2010 |
| 53-010-0-035.00-0 | $21.37 | $12.32 | 6/10/2005 | 6/10/2011 |
| 53-010-0-035.00-0 | $20.63 | $12.43 | 11/30/2005 | 11/30/ |
| $132.42 | $71.20 |
EARN 18% on all Tax Lien Certificates per year
For Sale: 3 Tax Lien Certificates
Face Value of the Tax Certificates: $71.24
Full Accrued Redemption Value: $132.42
Assessed Value: $530
Lot Size: 5 x 134 (670 SQFT)
TaX LIEN INFORMATION
http://www.tax-lien-certificates.com/tax_lien_certificates_ohio_oh.html
www.taxlienproperties.info
http://en.wikipedia.org/wiki/Tax_lien
This Tax Lien can be foreclosed upon Right now. This Lien expires 6 years from the issue date.
Total Closing Fees are $99.
Tax Lien Certificates - Ohio OH
Here is a summary of information for tax sales in Ohio:
Interest Rate
18%
Ohio tax lien auctions
Sales occur only in counties with a population of 200,000 or more. Most county tax lien sales are in June and are limited to institutional investors.
You are bidding on 3 Tax Certificates from Mahoning County Ohio. The interest is 18% per year (1.5% per month) until redemption or foreclosure. Buyer must do any and all necessary research regarding tax certificates before bidding. The interest rate of 18% is granted on the FACE VALUE of the tax certificate and not the final bid price.
Please do all research before bidding. Please note seller has not visited the property. Buyer is advised to inspect property and do due diligence. If the tax certificate is redeemed by the delinquent property owner before transfer to bidder is complete the seller will refund all funds or offer a similar lien on buyers request. The tax certificate will be transferred upon payment of the full purchase price including transaction fees. Transfer papers may take up to 4 weeks after receipt of payment to be sent.
Payment: Payment is due within 24 hours of the end of the auction. The payment can be made with Cashiers Check or Money Orders. This auction is binding agreement
We have listed everything accurately to the best of our knowledge and request all buyers do their own Due Diligence BEFORE bidding.
What is a Tax Certificate:
The Tax Collector sells tax certificates on all parcels on which taxes have not been paid. The face value of the certificate is the amount of taxes due, plus interest, costs and charges theron.
Purchase of a tax certificate in no way permits the certificate holder to enter the property or harass the owner in any manner. The buyer may send collection letters and hire an attorney to collect or foreclose. The redemption shall be between the delinquent property owner and the buyer of the lien. If tax lien redems during foreclosure the legal costs are recoverable.
Expiration:
Tax certificates are null and void six years from the date of issuance. Any time prior to expiration date, lien owner can hire a local attorney and start a foreclosure action. Additional costs will be involved.
Buyer Beware:
Certificate buyers need to be aware that there are risks involved with buying certificates, and those risks are borne solely by the certificate holder.
Procedure when Tax Certificates are Redeemed:
When a certificate is redeemed, the certificate holder will be sent payment and is responsible for noting same on his certified certificate listing. Property owner's payments releases the tax lien, and the certificate holder has no further claim on the property.
After payment is received the winning bidder will receive a free copy of "Tax Lien Investing for Beginners" By Dan Friedman, a $19.95 value. This will be emailed after the sale.
The Foreclosure process is judicial in Mahoning County
SERIOUS BUYERS ONLY. If you aren't prepared to pay within 24 hours, please do not bid. Winning bidder is expected to make prompt payment as soon as the auction ends. If you have any questions, please contact us before bidding at (630) 530-0766 ext. 1 M-F 9-5 Central Time or email kyle@taxlien.com. Non-paying bidders will receive negative feedback, be blocked from future bidding on our auctions, and be reported to eBay for possible suspension. All sales are final.
PLEASE READ TERMS OF SALE/AUCTION LISTED BELOW:
· Please conduct all due diligence BEFORE you bid
· Your payment is NON-REFUNDABLE.
· The information in this auction was obtained from public records. This information is believed to be accurate but is not guaranteed.
· At the end of the auction, we will need your mailing address, and contract information.