2011 Tax Assessed Value $216,556.00!

 


 

 
 

 

The Prime location makes this an INCREDIBLE investment opportunity!!

This property is located in New Smyrna Beach, FL which has great proximity to the Atlantic Ocean, Daytona Beach, and Orlando!

Daytona Beach is famous home of the Super Bowl of NASCAR, the Daytona 500. It also hosts the Coke Zero 400 in July. Daytona Beach hosts Bike Week and Biketoberfest for motorcycle enthusiasts.

  Volusia County has incredible ocean, river and bay views and year round ocean breezes.

2011 Property Tax Assessed Value $215,556!

Tax Lien Investment Opportunity on Volusia County 4-Unit Mixed-Use Property located in beautiful New Smyrna Beach! 

This is an auction on a Real Estate Tax Lien Certificate ONLY, with a face value of $82.89:
 
  

  Property Address:

527 Julia St New Smyrna Beach, FLORIDA 32168

Legal Description:

S 103 FT OF E 1/2 OF LOT 6 & S 103 FT OF LOT 7 & S 103 FT OF W 35 FT LOT 8 BLK 3 RUSH ADD NEW SMYRNA PER OR 4110 PGS 36 94 TO 3699 INC

 

2 Story, 4 Unit, 2,978 Sq. feet Mixed Use Property.

This building has a great location!

 

ADDITIONAL INFORMATION

Frequently asked Questions:

Q. Is it possible that the winner of this Tax Certificate may follow Volusia County Florida procedures and apply for a Tax Deed in April of 2014 and have the opportunity to win this valuable real estate free and clear, for pennies on the dollar?

A. Yes! In fact, on December 17, 2008, a friend of ours attended a live tax lien auction and purchased 110 properties for a total of $45,272. That works out to an average of only $411 each. Within 45 days of this tax lien/deed auction, he received Deed Ownership to all 110 properties, FREE & CLEAR, with NO mortgage or mechanic liens against the properties. Consequently, when you receive Deed Ownership on a tax lien property, the Deed/Title is washed clean from all mortgage and mechanic liens. 

Q. Where do Tax Lien Certificates Come From?

A. Issued by federal, state, or local tax authorities, a tax lien is placed against the title/deed of real estate when the owner fails to pay taxes. The tax lien prevents the owner from selling the property until the debt is paid. Here is where the tax lien investor comes in. By purchasing the tax lien certificate held against the real estate, you (the investor) are entitled to repayment of the face value of the tax lien certificate plus considerable interest. In the event the real estate owner fails to repay you accordingly, you (the investor) can move to the county for a tax deed sale after two-years from the original date the tax lien certificate was sold to the investor by the taxing authority. Here, the deadline for the property owner to redeem this specific real estate expires in April 1, 2014. A Tax Lien Certificate is a first lien on the real estate.  Purchase of a tax certificate does not permit the certificate holder to enter the property or contact the owner. A tax deed sale and/or redemption is done through the County office only.

Terms and Conditions: 

1. Investment Opportunity: You are bidding on a real estate tax lien certificate on real estate as listed above. The Investor/Bidder is bidding on a Real Estate Tax Lien Certificate issued in June 2012 from Volusia County, FL. The winner may have the opportunity to move for a foreclosure deed on said property on or after April 1, 2014 (See Paragraph 3 below).

2. Liens: The amount of back taxes owed on this property is $82.89; which is the face value of the tax lien certificate for this property.

3. Benefits: The original owner of this property has 24 months to redeem this investment. In order to redeem this investment, the original owner must pay the tax lien certificate holder the face value of the tax certificate. In the event this tax certificate is redeemed, the buyer will receive the face value of the certificate from the County.

4. Earned Interest: In addition to paragraph 3, if redeemed, upon your notice to the seller within 30 days of redemption, the certificate holder will receive 18% interest per year on the face value of the tax lien certificate from the seller.

5. Tax Deed Application: If the property owner fails to redeem the lien on this property before April 1, 2014 you can then seek a tax deed application via the county.

6. Customer Service: Seller will provide buyer with step-by-step instructions addressing tax lien certificates and how to pursue a tax deed application.

7. Due Diligence: Buyer's bidding on this tax lien implies that Buyer has completed their due diligence, is satisfied with their findings and is ready to purchase and pay for this real estate tax lien as agreed herein. As such, Buyer shall ask Seller any and all questions prior to bidding and not wait until after they win this auction to start asking questions related to this purchase of a real estate tax lien.

8. Payment/Transfer Fee: A Transfer Fee of $195.00 will be added to the Winning Bid. Payment is due within 3 days from the conclusion of this auction/sale. Once Buyer's total payment amount has been received by Seller, Buyer will receive a copy of the tax lien certificate transfer documents, with easy to follow instructions, via Priority Mail. Seller will complete transfer documents and assist Buyer if needed with this easy transfer. Payment is to be made by Buyer to Seller via a Bank Wire. Otherwise, if Buyers chooses to pay via cashier’s check, then Buyer shall supply Seller with proof of service, via certified mail.

9. Buyer's Premium: This auction is subject to a 10% buyer's premium with a minimum of $100.

10. Disclosure: The information in this listing is correct to the best of my knowledge. I have not been to this property and I only own the tax lien certificate on it.

 

Good Luck Bidding!