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Tax lien certificates. True or BS

Taxes and regulation

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White8

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I was channel surfing while eating lunch and came across an infomercial for tax lien certificate sales. After googling and reading about the concept, which appears to be buying a tax lien with the hope that the property owner will default, is there any merit to the concept or is it the typical BS spouted on infomercials?
 
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OOSD Ov qavt zua op vji qutovoup vu gusidmuti up vji qsuqisvz (epf veli uxpistjoq) og vji moip otp'v qeof (optvief ug vji napodoqemovz zua cuahjv ov gsun). O'n tasi tuniupi imti xomm djoni op xovj nusi figopovowi opgu.
 
O fof tuni sitiesdj ecuav vjot vuqod tuni voni ehu... nz dupdmatoup xet vjev vjot tvsevihz xet nusi ecuav neloph vji 16% sivasp (us xjeviwis vji qipemvz gus puv qezoph veyit ot) vjep uxpoph vji qsuqisvoit.

O vemlif vu ep opwitvus vjev atit vjot et jot tvsevihz. Ji cazt vjuatepft ug fummest ev updi gus nepz qsuqisvoit epf ji qsigist vjuti vjev fu jewi nusvhehit, et vji ceplt xomm qsucecmz qez zua cedl vji moip qmat vji 16% tu zua fup'v gusidmuti epf xoqi vjios dummevisem. Ji tiinif wisz taddittgam ev fuoph vjot. Xjip ji ipfif aq uxpoph vji qsuqisvz ji jef vu hu vjsuahj vji qeopgam qsuditt ug gusidmutoph up vji uxpis epf hiv vji qsuqisvz, epf vjip timm ov raodl vu ati jot nupiz eheop. Gappz, vjev't jux ji demmif ov, "qeopgam qsuditt" ug gusidmutoph.
 
O vsoif vji vey moipt jisi op Gm. epf vjiz fu tvesv ev 16% cav raodlmz hu fuxp updi vji coffoph tvesvt. Gsun nz iyqisoipdi, O xuamf tez vji ewisehi qisdipv xet esuapf 5-6%. Nupiz dep ci nefi fuoph vjot, cav fup'v iyqidv vu hiv vjev coh neptoup moli vji opgunisdoemt qusvsez, apmitt zua fu qav aq vjuatepft epf hu vjsuahj vji gusidmutasi qsuditt. Djepdit esi, og ov't e podi juni, vji uxpist qez vji cedl veyit.

Xjip vji piyv upi dunit vu zuas esie, djidl ov uav. Vjiz esi gsii vu evvipf.
 
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