Investing in the Hoosier State: A Beginner’s Guide to Tax Liens in Indiana
Here is everything you need to know about buying tax liens in Indiana. In Indiana, when a property owner fails to pay their property taxes, the county government places a lien against the property. Instead of just waiting for the owner to pay, the county sells that certificate to investors like you. tax liens indiana
The owner could take 3 years to pay you back, and you’ll only get your principal back—zero penalty. Investing in the Hoosier State: A Beginner’s Guide
You pay the delinquent taxes upfront. In return, the county gives you a . The property owner now owes you that money, plus a predetermined interest rate (or penalty). The "Interest Rate" Catch (Penalty vs. Interest) Most states advertise high interest rates (18%, 24%, even 36%). Indiana is different. The owner could take 3 years to pay