Members of the Kislak management team have been actively investing in tax lien certificates since 1994. With more than 45 years of combined experience, the Kislak team is respected for its industry leadership and nationwide knowledge.
Meticulous attention to detail, and in-depth knowledge of acquisitions, servicing and financing set Kislak apart. The organization has developed proprietary systems and databases to identify tax certificates with attractive expected yields and a high probability of redemption, to monitor and validate redemptions, and provide reports to investors.
Understanding Tax Lien Certificates
Tax lien certificates are sold by counties and municipalities in order to monetize their delinquent real estate taxes and obtain cash to help fund many crucial government programs and services. The tax lien certificate represents a senior secured position in the underlying real property, superior to all mortgages and other nongovernmental liens.
Because taxes amount to only a small fraction of property value, owners and related lenders have significant motivation to redeem tax lien certificates rather than lose their assets. When a tax lien certificate is redeemed, the certificate holder receives the principal invested plus interest.
Important Attributes to Know About Tax Lien Certificate Investments
- Secured Priority Position
- Low Risk of Principal Loss
- Attractive Investment Returns
- Relatively Short Duration
If you are interested in more information about tax lien certificate investment opportunities with Kislak, contact us.