What is a Reverse Auction? Explained in SIMPLE TERMS

Описание: Join Ted Thomas as he unravels the world of tax lien reverse auctions! Dive into tactics, avoid pitfalls, and master the art of bidding. Discover the strategy behind blind bids and seize unmatched opportunities in tax liens. Your guide to winning big in reverse auctions awaits! GIFT: https://tedthomas.com/ytl-6025/

Video Highlights:
🏢 A reverse auction is when buyers bid down the price of a product or service.
🏦 This process can also apply to tax lien certificates, where buyers bid down the interest rate on unpaid property taxes.
🌇 Risks include purchasing properties without seeing them and bidding too low.
📝 Rules for reverse auctions vary by state and county, so it’s important to understand the specific guidelines before participating.
💸 Once the auction ends, unsold tax liens may be available for purchase over the counter.

Key Moments In This Episode:
00:00 - Unraveling Tax Lien Mysteries!
00:28 - Ted Thomas: Unveiling Reverse Auctions.
00:46 - Reverse Auctions: A Deep Dive.
02:06 - Tax Properties & Their Auction Secrets.
03:50 - Master the Reverse Auction Tactics.
04:53 - Hidden Pitfalls in Reverse Auctions.
06:05 - The Art of Bidding in Reverse.
07:10 - Blind Bids: Gamble or Strategy?
08:09 - Winning Big in Reverse Auctions.
09:55 - Overflowing Tax Lien Opportunities Await!

Learn more about Ted Thomas:
Ted is an American Original - teaching people just like you for over 30 years how to buy houses in good neighborhoods for 30% to 50% of their market value. He teaches how you can sell properties fast for thousands in profit, and how you can ‘rinse and repeat’ this process over and over again - just like his students have - and make your financial dreams a reality.

Ted Thomas is America´s Tax Lien Certificate and Tax Deeds Authority. As an international speaker, Ted has dedicated himself to finding and teaching the best, and safest, investment strategies. He teaches how to create wealth with minimum risk with easy-to-learn methods. Ted’s strategies developed over decades of successful real estate investing can help everyone. From regular hard-working families to senior citizens, to young families and professionals.

Ted chose to teach Tax Lien Certificate and Tax Defaulted Property investing because it is Certain, Predictable, and Secure. He is a specialist in teaching Advanced Tax Lien Certificate and the Tax Defaulted Auction processes and concepts to investors and professionals. Industry insiders consider Ted Thomas to be America’s Tax Lien Certificate and Tax Deed Authority. In the past three decades, he has pioneered many new techniques and strategies for Investors and Professionals.

Before investing in tax lien certificates or tax deeds, it is important to seek professional advice from attorneys, financial advisors, and CPAs. Whenever earnings are shown, it should be noted that the earnings reported are likely to be higher than the average student may achieve. Tax-defaulted real estate carries risks, and there is no financial guarantee offered or implied.

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6025 - What Is Reverse Auction - DUO with Randy