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4 responses so far ↓
1 Curtiss Brown (1 comments.) // Apr 8, 2013 at 9:27 pm
Ned:
Thank you! Akismet must be the cure to blog spam, correct? God, it is so annoying, everyday! It’s why Guestbooks were gotten rid of!
And the blog on Rent Control and Just Cause, I feel your pain! Though I’m just across the river and primarily into Property Management, I shake my head in dismay wondering, really, Rent Control and Just Cause, that won’t go well!
Absolutely crazy! Jump the shark and come to the commonwealth, we’ve got homes to buy here too! LOL
Thanks for the blogs and comments on Biggerpockets, I’m a believer!
2 Victorina Evelyn Castillo // Nov 3, 2016 at 10:25 am
Hi
I don’t know if my comments went thru so I am resending my questions re tax lien.
My son and I completed the Newark NJ tax lien auction last 26 October 2016. My interest in REI specifically tax lien hit me 2 months ago, so I embraced websites and blogs, webinars, read county laws, etc. Yet one learns when action is done with doing it. My son excels in figures so he’s a huge help.
We should receive the certificates by mail soon. I have been reading the NJ tax regulations, but want to know –Do we have to pay the taxes on these liens until the redemption period.
You are indeed a knowledgeable guru on tax lien. Thanks to BP where I read your comments.
Thank you
3 Ned // Nov 23, 2016 at 3:30 pm
My understanding is that in NJ they continue to sell tax liens as long as the property is delinquent. There can be many tax liens outstanding at one time. If you have a prior lien you are first in line to buy the next lien, however I do not believe you have to. My assumption is that whoever winds up foreclosing on the property has to pay off any subsequent liens.
Keep in mind I am neither an attorney nor an expert on NJ tax lien law.
4 Victorina Evelyn Castillo // Nov 27, 2016 at 6:09 pm
Hi Ned,
Thank you.
Am taking REI course on sales. What’s your advice to newcomers in this field who want to purchase a home but have limited means. I know we hear this query again and again , I want to hear your take on this.
I live in Brooklyn lost my job and making a transition. Thank u again
Victorina.
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