I have one tax lien certificate in Florida worth $225. I have held it for two years and can now apply to convert it to a tax deed. The application fee to do this is $2,200!! So I have a few questions if anyone can help me with this.

Firstly, here is what I know about the property:

There are six years of unpaid taxes on this house, I hold the…[Read more]

Thank you for putting this list together property_scout This is really, really helpful. You are a star!

Once again thanks John

steevg wrote:
Elle,Thanks for the valuable information – I've just been trying to figure this out also, and your post has provided a few more answers.Are you a newcomer to property investing ? I ask as I'm considering purchasing in the US, but there are many area's I can see might trip up the unsuspecting overseas investor – liens, management,…[Read more]

Thanks Speedy, that is exactly the kind of info I needcheers, Lynne

Thanks John, that is helpful. So just to get my head straight the steps I should take go something like this:-First decide which state I want to invest in before setting up the accounting requirements as these will be dependant on state law?If I get an LLC this is a one time only procedure or is one needed for every investment? If I do engage an…[Read more]

Hi, I am just starting out in getting a feel for the US market and understanding some of the terminology in listings. Can someone please tell me what is a Fannie Mae HomePath property? I gather Fannie Mae was one of the big financial institutions that collapsed – is this correct?Can someone also tell me what the tax implications are for foreigners…[Read more]