Lien: Mulberry, FL @ 16.75%!!!!
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November 22, 2009
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Dani Beit-Or
Florida Tax Lien Certificate for Sale
LIEN DETAILS |
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Face Value: $483.99 Processing Fee: $195 Total Cost: $678.99 Interest Rate: 16.75% |
Redeem Date: 4/1/10 Certificate #: 08-4281 Folio #: 1059682 |
PROPERTY SPECIFICATION |
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Address: 5855 Corbett Ave., Mulberry, Fl, 33860 Property Type: Single Family Bedrooms: Bathrooms: 1 Year Built: 1926 |
Sq. Ft.: 624 Lot Size: County: Polk Parcel #: 23-30-36-156800-000590 Zillow Value: $61,000 |
ESTIMATED EARNING SCHEDULE
Note this table provides a general idea a concept of the process. Exact fees and ROI figures can not be projected and are based on owner redemption time, county and state fees and regulations, and other factors.
Months |
0-12 |
13-22 |
22+ * |
Rate |
16.75% |
16.75% |
18% |
Principal |
$438.99 |
$438.99 |
$1,083 |
Estimated Earnings |
$81.07 |
$81.07 |
$195.12 |
Total if Redeemed |
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$162 |
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ROI if Redeemed |
12% |
24% |
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ROI if Bought at Property Auction |
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53% |
* If was not redeemed and goes through foreclosure and property auction sale
** Assuming additional fees and foreclosure fees – will vary from one county to another and from one property to another.
USEFUL LINKS
County: http://www.polkpa.org/
Property Public Records: http://tiny.cc/propertytaxdetails504
Map: http://tiny.cc/propertymap983
GENERAL INFO/DESCRIPTION
The current face value is $483.99 at 16.75% apy interest. The Investor must do any and all DUE DILIGENCE and research prior to buying this Tax Lien Certificate. The seller reserves the right, at seller’s discretion, to substitute this Tax Certificate with a Tax Certificate of equal or greater value to the Investor if this certificate is redeemed by the delinquent owner prior to transfer completion by the seller to the buyer.
THIS TWO BEDROOM ONE BATH HOME ON A .52 ACRE LOT COULD MAKE A GREAT INVESTMENT AND SHOULD SELL AT A NICE PROFIT. The house is next to Lake Mosaic just south of Mulberry, FL. The Zillow value is $61,000. All information and pictures were taken from the websites of: Zillow.com, Bing Maps, Google Maps, Polk County Tax Collector and Property Appraiser. THE SELLER HAS NOT DRIVEN BY THE PROPERTY.
This will be your opportunity to own this property located at 5855 Corbett Ave, Mulberry, FL 33860, for VERY LITTLE MONEY. The purchase price ($483.99) and the transfer/processing fee ($195.00) are both due immediately upon purchase.
PHOTOS
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LIEN PROCESS OUTLINE
DISCLAIMER
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CONTACT INFO
Updated: 11/21/2009
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