Tax Liens — Indiana
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.
Investing in the Hoosier State: A Beginner’s Guide to Tax Liens in Indiana tax liens indiana
You cannot just buy a lien and sit back. Indiana law requires the lienholder (you) to send a to the property owner within a specific timeframe (usually within 90 days of your purchase). You pay the delinquent taxes upfront