Course Structure:
Module 1: Introduction to Tax Liens & Delinquency
Lesson 1.1: What are Tax Liens?
Explanation of tax liens and how they work.
How a tax lien arises when a property owner fails to pay property taxes.
Overview of tax lien certificates and their function as a lien against the property.
Module 2: The Tax Sale Process
Lesson 2.1: Different Types of Tax Sales (Public vs. Private)
Public tax lien and deed sales: how they work, public auctions.
Private sales: buying tax liens directly from the local government or through third-party transactions.
Key differences and advantages of each type.
Module 3: Pre-Sale Due Diligence
Lesson 3.1: Title Research and Lien Priority
Importance of title research before bidding.
How to determine lien priority and which liens take precedence.
Understanding the risks of acquiring junior liens and potential issues with senior liens.
Module 4: Participating in a Tax Sale
Module 5: Post-Sale Management
Lesson 5.1: Foreclosure Process and Timelines
Detailed explanation of the foreclosure process after a tax lien purchase.
Timeframes for foreclosure and the legal steps involved.
How to navigate the foreclosure process to secure property ownership.
Module 6: Tax Deed Investing
Lesson 6.1: Transition from Tax Lien to Tax Deed Ownership
Understanding the difference between tax liens and tax deeds.
How to transition from holding a tax lien to owning the property through a tax deed sale.
Legal considerations in acquiring a property through a tax deed sale.
Module 7: Legal and Tax Considerations
Lesson 7.1: State and Local Tax Lien Investing Regulations
Understanding state and local tax lien laws and how they vary.
Legal obligations for tax lien investors in different regions.
Ensuring compliance with all applicable laws during the investment process.
Module 8: Avoiding Common Pitfalls