Sacramento, CA (PressExposure) June 29, 2011 -- Saen Higgins, a renowned tax lien certificate expert, offers a compelling look at today's economy, and he offers insights as to why it is fertile ground for property tax sale profits. His remarks provide a clearer picture of a little- known real estate strategy that can lead to wealth without risk.
Depending upon whom you ask, the economy is either on the way back up, leveling off or continuing its downward spiral. The truth is, there is no single answer. But tax lien certificate specialist Saen Higgins sees income-earning opportunities in property tax sales, which provide a solid return with virtually no financial risk.
The National Bureau of Economic Research, the official word on U.S. economic cycles, believes that the recovery is now completing its second year. Promising signs, such as a slowly improving gross domestic product, gradual increased lending by banks, a reduction in job layoffs and, in some sectors, record corporate profits, offer cause for optimism. Other numbers, however, are more humbling...and they are in areas that really seem to strike home with Americans. For instance, the unemployment rate has inched upward again, with more than 13 million people still out of work. Home prices, which in many cases reflect personal net worth, have continued to nosedive.
Higgins, who is renowned throughout the world for inspiring people to make fortunes in the little-known field of purchasing property tax lien certificates, feels that now is the perfect time to enter this arena. Investment returns on tax lien certificates are guaranteed by the government and typically range from 12% to 25%. In some cases, people can acquire the actual properties for just a small fraction of their value. Now, with most economic analysts encouraging investors to spread their wealth beyond stocks and mutual funds, this field seems especially enticing.
In addition, many property owners are unable to the pay their taxes that county governments and municipalities so badly need to keep their schools, police and fire departments running. As a result, these counties are eager to accommodate those bidding on properties at auction.
As the economy continues to sputter along in stops and starts, Higgins advises people (especially those on fixed incomes) to watch their assets closely and to be careful about taking undue risks. The days of wildly speculating in the market or pursuing other high-risk ventures have given way to more reliable investments like tax lien certificates. For more information about this extraordinary real estate strategy, visit [http://www.saenhiggins.tv].
Saen Higgins is a best-selling author of many popular books about wealth-building, including his most recent, Wealth Without Risk, now available on amazon.com. He is a self-made multi-millionaire who has earned his wealth through teachable real estate strategies and, implementing these ideas, has purchased properties in numerous states throughout the nation.