Another Company try to capitalize on misery of Property owners in distress. You wonder why a company with the size of Tax Ease Lien competes to buy as many tax liens as it can in the small towns of Eastern Kentucky. In their webiste, they claim to invest 125 million dollars since their first inception. What a company of this size is doing in small towns of Kentucky.
There are multiple foreclosures initiated by this company in Boyd county and it makes you wonder if 12% rate of return is enough to entice a company with many resources to come and buy a tax liens of very small amounts.
On its web site, Tax Ease describes itself as "an investment company focused on community opportunities. TELI works with state and local taxing authorities to provide millions of dollars in revenue by paying the tax obligations of delinquent debtor."
On its web site, Tax Ease describes itself as "an investment company focused on community opportunities. TELI works with state and local taxing authorities to provide millions of dollars in revenue by paying the tax obligations of delinquent debtor."
I appreciate their noble goal but still cannot understand if they are in the charity work or investors. If their return on their investment is the stated 12%, why do into such trouble to come all the way to small towns of Eastern Kentucky.
It makes you wonder if TAX Ease is artificially inflating their profits by charging more for attorney fees which does not really go to the attorneys involved. Significant deception and misstatement of legal fees continues to make tax lien investing profits to soar to astronomical numbers.
It makes you wonder if TAX Ease is artificially inflating their profits by charging more for attorney fees which does not really go to the attorneys involved. Significant deception and misstatement of legal fees continues to make tax lien investing profits to soar to astronomical numbers.
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