Tax Lien Certificates Saen Higgins Calls Unbeatable Investments

Aug. 25, 2011 - PRLog -- Listening to Saen Higgins makes investing sound pretty easy.  And in a world filled with credit default swaps, volatile stock plunges and rallies, maybe Saen is right, “If you don’t understand it, you shouldn’t invest in it.”

Saen Higgins is the author of the exciting, new book, Wealth Without Risk.  Saen talks, writes and even evangelizes about tax sale investing.  Tax sales, according to Saen Higgins, occur when a homeowner (or for that matter, any property owner, be it commercial, raw land, apartment buildings, or yes, even a single family dwelling ) defaults on their property taxes.  Property taxes are used by local governments to pay for vital services, which may include police, fire, hospitals, etc.  If left unpaid for anywhere from six months to five years – the taxing authority puts each year’s back taxes owed up for sale at a tax sale.  The purchase is incentivized with an interest rate guaranteed by statue.  Interest varies from 16 to 25 percent.

Tax lien certificates Saen Higgins explains are more lucrative than bank instruments, but about as safe since their returns are backed by statutes outlining the interest rates that must be paid by law.   The typical bank interest rate is hovering between 1 to 1.5 percent while tax lien certificates Saen Higgins explain are paying anywhere from 16 to 25 percent and higher.  And while bank deposits are guaranteed by the FDIC for deposits up to $250,000.00, tax lien certificates Saen Higgins explains carry a down side that is a little more lucrative, property owners who default on their property tax may ultimately lose their homes to the certificate holder for the price of their back taxes and some small additional fees.  As Higgins explains, “You could end up with a property for pennies on the dollar.  A property which you can turnaround and live in, rent or sell for full market price.”

As Saen Higgins explains, “People understand that they have to pay their property taxes.  Plus, they understand the intrinsic value of real estate; a commodity that is in limited supply and they are not making anymore of.” These simple concepts, Higgins explains should be the basis for understanding any investment.”

Higgins new book, Wealth Without Risk, outlines this easy to understand investment strategy in plain, concise and easy to read language. Higgins lays out a step-by-step, easy to follow plan. His book is now available on Amazon.
   
Saen Higgins has a straightforward investment how-to book that beats the returns the banks are offering because he is suggesting not to invest in banks, but the investments they put their money in: tax sale real estate. The book even comes with a $1,000.00 guarantee.