Do you know that if a person does not pay the property taxes on their home for a extended period of time (usually 2 years), a tax lien is placed on the property? A lien is a claim against ownership, and they are inherent with a loan. If you do not own something outright...if you have to make a minimum number of payments towards ownership...then there is a lien on the product until the agreed upon amount is paid. A car note is a lien, until it is paid. A home mortgage is a lien, until it is paid. The lien is the right of the lender/agency to "repossess" their property. Although liens are inheritant to loans, there are other types of liens (claims against ownership) that can be placed against ownership. One such lien is a tax lien. If people do not pay their property taxes, the government has the right to take their property, even if the property is fully paid for (no mortgage). When this situation occurs (which it does in every city/town in the USA yearly), a "tax certificate" is drawn up on the property. A tax certificate represents a lien on property, these certificates are sold at auctions (usually held in the Spring) and earn interest at a maximum rate of 18% per year. The cost to purchase a certificate is listed in the delinquent advertisement and includes gross tax, interest, advertising cost and the cost of the Tax Certificate Sale. If the certificate is not redeemed by the owner of the property within a set amount of time (2 years in New Jersey)...you own the property!!! If the certificate is redeemed by the owner, they are required to refund your investment plus interest (which I already stated could be as high as 18% per year). There are companies and individuals who have become extremely wealthy with this investment opportunity. They are either acquiring property worth hundreds of thousands for mere thousands, or they are getting high interest returns (much higher than bank can provide) on money invested. This is something everyone (who has the money) can take advantage of! I encourage black folk to get into this game. It is an opportunity to both obtain property cheaply and increase wealth.