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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Not good Posted by Bill H on August 24, 2010 at 10:57 AM In Reply to: Re: Not good posted by ratzo on August 24, 2010 at 8:26 AM : I was referring to quantity. I don't recall of any unsold liens, which is really scary. That's fine. Let it be somebody else's problem, because it's not going to be mind. : The fact that MS isn't an online auction should cut down the competition considerably, but I would expect increased competition. The new bidders won't have the slightest clue about real estate. Best strategy may be to wait and hope that bidders use their funds early. : In FL the large buyers from previous years were relatively sophisticated, but the large buyers this year were a whole different group. The amateur crowd took over the auctions. : Don't know the MS law on foreclosing on a tax lien certificate, but I would keep plenty of powder dry for the potential 103 parcels that you may need to foreclose upon, as you will probably be getting a substantial amount of those back. How many outstanding certificates do you typically have at the same period? : After the two year redemption period how soon does the certificate lien holder's right expire? : I suspect your best years investing in lien certificates is probably behind you for the foreseeable future. : Be careful. Judging from your response you did not read mine. I have been doing this for over 20 years and feel that I know what I am doing. Thanks for your concen for my well being. Good Luck, Bill H Follow Ups: I did read it throughly (NT) ratzo 2:56 PM, 08/24/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : I was referring to quantity. I don't recall of any unsold liens, which is really scary. That's fine. Let it be somebody else's problem, because it's not going to be mind. : : The fact that MS isn't an online auction should cut down the competition considerably, but I would expect increased competition. The new bidders won't have the slightest clue about real estate. Best strategy may be to wait and hope that bidders use their funds early. : : In FL the large buyers from previous years were relatively sophisticated, but the large buyers this year were a whole different group. The amateur crowd took over the auctions. : : Don't know the MS law on foreclosing on a tax lien certificate, but I would keep plenty of powder dry for the potential 103 parcels that you may need to foreclose upon, as you will probably be getting a substantial amount of those back. How many outstanding certificates do you typically have at the same period? : : After the two year redemption period how soon does the certificate lien holder's right expire? : : I suspect your best years investing in lien certificates is probably behind you for the foreseeable future. : : Be careful. : Judging from your response you did not read mine. I have been doing this for over 20 years and feel that I know what I am doing. Thanks for your concen for my well being. : Good Luck, : Bill H [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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