Grab a 12% Yearly Gain – Baltimore County – Maryland Tax Lien Investing

If you’re looking for a unique investment opportunity, Baltimore County’s annual tax lien sale might be just what you need. With the potential for a 12% return on investment, this event offers a chance to invest in properties with unpaid taxes. Let’s dive into how you can get started and what to expect.

Understanding Tax Lien Certificates

When property owners in Baltimore County fail to pay their property taxes, the county can place a lien on the property and sell this lien at an auction. As an investor, you can purchase these liens, effectively paying off the property owner’s taxes. If the owner redeems the property, you earn back your investment plus interest. If they don’t, you can eventually foreclose on the property.

Example

• Year 1: You purchase a tax lien for $5,000 with a 12% interest rate. If the owner redeems the property within a year, you earn $600 in interest.
• Year 2: The property remains unredeemed. You file for foreclosure, potentially acquiring the property itself.

Steps to Start Tax Lien Investing

1. Research and Understand Local Laws

Knowing the legal framework is crucial. In Baltimore County, the tax sale process is governed by the Tax-Property Article of the Annotated Code of Maryland.

2. Visit the Local Treasurer’s Website

Check the Baltimore County Department of Budget and Finance website for details on tax sales: Baltimore County Tax Sale Information.

3. Check the Auction Site

The auction is conducted online. Registration details and auction dates are available here: Baltimore County Auction Site

4. Read the Details About Tax Liens

Understanding the schedule, parcel inquiry, and sale specifics is essential. Details will be posted online by early May.

5. Contact the County Office

For additional inquiries, contact:

• Phone: 410-887-5616
• Email: financeinfo@baltimorecountymd.gov

Important Details

Detail	Information
Tax Sale Type	Tax Lien Certificate Sale
Typical Date of Sale	Annual online auction in June
Redemption Period	Payment due within 90 days post-judgment includes sale amount, interest, penalties, and fees
Interest Rate	12% per annum
Bid Procedure	Online auction with a $100 registration fee, high bid premium applies
Deposit	Payment due within 90 days post-judgment, includes sale amount, interest, penalties, and fees

Pro Tips

1. Mark Your Calendar: Listings go live online in early May. Register early to avoid missing out.
2. Prepare for Fees: There are additional costs like a $25 postage fee in March, a $50 advertising fee in May, and a $15 legal fee on the sale day.
3. Know the Process: After winning a bid, you must pay the full amount plus any high bid premium (20% on amounts over 40% of the property’s assessed value).

Useful Links

• Baltimore County Government
• Baltimore County Department of Budget and Finance
• Earn Solid 6-20% ROI In Maryland Tax Liens!
• Learn How Does Tax Lien Investing Work
• Want to get started with Tax Liens? Click Here!
• Start investing in Tax Liens in Maryland Tax Lien Auctions and earn a 6-20% return on investment!

Frequently Asked Questions

Q: What happens if the property owner redeems the property?

A: If the property owner pays off the owed taxes plus interest, you get your initial investment back plus the 12% interest.

Q: What is the high bid premium?

A: The auction applies a 20% high bid premium to amounts exceeding 40% of the property’s assessed value on successful bids.

Q: Can I make partial payments on my bid?

A: No, you must pay the full amount due within 90 days post-judgment.

For more details, visit the Baltimore County Tax Sale Website​.​

Need A Hand?

If you have questions or need help navigating tax lien investing, don’t hesitate to book a call or explore our free resources for more insights. Feel free to leave a comment or reach out with any questions below!

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