Sacramento, CA (PressExposure) June 29, 2011 -- In his quest to provide valuable information about tax lien certificates to his subscriber base, Saen Higgins interviewed officials in Kanawha County, West Virginia, regarding the county's tax sale process. The timely interview was conducted in advance of the September sale.
Well-known tax lien and deed specialist Saen Higgins, who has conducted seminars and symposiums around the world, recently gave investors a closer look at the tax sale process in Charleston, West Virginia, the county seat of Kanawha County. After his interview with officials there, Higgins offered the information in his monthly subscription newsletter, "Wealth Without Risk Community."
West Virginia is considered to be an ideal tax lien state because it offers a generous redemption rate of 12% per annum, which is guaranteed by state statute. A relatively short redemption period of 18 months enables investors to not only earn interest quickly, but also exercise the possible option of taking ownership of the property. Bank rates for Certificates of Deposit, on the other hand, have sunk as low as 1% to 1.5%, and many other investments have been equally stagnant.
West Virginia tax sales are normally held in the fall and, in the case of Kanawha County, each September. They are conducted by the Sheriff, at public auction, with certificates going to the highest bidder.
Counties welcome bidders because unpaid property taxes create a significant cash shortage for counties such as Kanawha. When the counties are unable to collect on these delinquent payments, they cannot provide important government services such as police and fire protection, road and infrastructure work, medical services and public schooling. Often, bidders at auction can obtain these certificates simply by paying back taxes and a few minor assorted processing fees.
Higgins has made the popular county interviews a staple of his newsletter, with insights into the tax sale process in such diverse states as Florida, California, New Jersey, Texas, Arizona, Indiana, Illinois and Maryland, among others. Each of these states has its own unique laws and guidelines, but interested investors can access a complete list of tax lien properties, with pertinent contact information, through http://www.HigginsNTSD.com or [http://www.HigginsNationalTaxSaleDirectory.com].
Saen Higgins is a best-selling author of many popular books with wide readership, including his most recent, Wealth Without Risk, now available on amazon.com. A self-made multi-millionaire who has earned his wealth through teachable real estate strategies, Higgins is sought after around the world for his knowledge and insights. He has inspired many people who have gone on to find tremendous success in the field of tax liens and tax deeds.
Higgins owns and runs a 67-member team of professionals who not only teach others how to build a fortune with tax lien certificates, but produce millions of dollars in revenues each year by following the same investment principles that they advocate. For more information, visit [http://www.saenhiggins.tv].