FormsReseaRchReseaRch

We help People create Wealth

FTC - Federal Trade Commission Required Disclosure.

I can tell you at the Tax Deed auction the starting bid is the back taxes. Every property will have a published Tax Assessed Value. You can ask or research for that assessment before you bid at the auction. The Federal Trade Commission requires I tell you that you may not do as well as the investors you see in this program.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

7

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

8

1) List of Properties

2) Polaroid Camera

3) Pens

4) Stapler

5) Area Street Map

6) Magnifying Glass

7) Property Evaluation Forms

8) 3 Ringer Property Binder

ITEMS YOU NEEDWhen Driving

To Look At Properties

ITEMS YOU NEED

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

9

RESEARCHRESEARCH

Parcel ID Number:Property Address:Date:

1) Assessor’s Office:Check on Values, Legal Description________________________________________________________________________________________________________________________________________________________________________________________________________________________

2) Planning Department:Zoning, Development________________________________________________________________________________________________________________________________________________________________________________________________________________________

3) Building Department:Building Codes________________________________________________________________________________________________________________________________________________________________________________________________________________________

4) Environmental Engineering:Roads, Flood Districts, Hazards________________________________________________________________________________________________________________________________________________________________________________________________________________________

Form

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

10

RESEARCHRESEARCH

Parcel ID Number:Property Address:Date:

1) Assessor’s Office:Check on Values, Legal Description________________________________________________________________________________________________________________________________________________________________________________________________________________________

2) Planning Department:Zoning, Development________________________________________________________________________________________________________________________________________________________________________________________________________________________

3) Building Department:Building Codes________________________________________________________________________________________________________________________________________________________________________________________________________________________

4) Environmental Engineering:Roads, Flood Districts, Hazards________________________________________________________________________________________________________________________________________________________________________________________________________________________

Form

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

11

RESEARCHRESEARCH

Parcel ID Number:Property Address:Date:

1) Assessor’s Office:Check on Values, Legal Description________________________________________________________________________________________________________________________________________________________________________________________________________________________

2) Planning Department:Zoning, Development________________________________________________________________________________________________________________________________________________________________________________________________________________________

3) Building Department:Building Codes________________________________________________________________________________________________________________________________________________________________________________________________________________________

4) Environmental Engineering:Roads, Flood Districts, Hazards________________________________________________________________________________________________________________________________________________________________________________________________________________________

Form

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

12

RESEARCHRESEARCH

Parcel ID Number:Property Address:Date:

1) Assessor’s Office:Check on Values, Legal Description________________________________________________________________________________________________________________________________________________________________________________________________________________________

2) Planning Department:Zoning, Development________________________________________________________________________________________________________________________________________________________________________________________________________________________

3) Building Department:Building Codes________________________________________________________________________________________________________________________________________________________________________________________________________________________

4) Environmental Engineering:Roads, Flood Districts, Hazards________________________________________________________________________________________________________________________________________________________________________________________________________________________

Form

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

13

At PropertiesLookingLooking

We provide knoWLEDgE You Can Use noW!

FTC - Federal Trade Commission Required Disclosure.

I can tell you at the Tax Deed auction the starting bid is the back taxes. Every property will have a published Tax Assessed Value. You can ask or research for that assessment before you bid at the auction. The Federal Trade Commission requires I tell you that you may not do as well as the investors you see in this program.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

15

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

16

1) List of Properties

2) Polaroid Camera

3) Pens

4) Stapler

5) Area Street Map

6) Magnifying Glass

7) Property Evaluation Forms

8) 3 Ring Binder

ITEMS YOU NEEDWhen Driving

To Look At Properties

ITEMS YOU NEED

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

17

Notes:

NEIGHBORHOOD

1-Scary 5-Middle 10-Upper Middle Class Class

APPEARANCE OF HOUSE – OUTSIDE

1-Beat Up 5-Average 10-Great Shape

CONDITION OF ROOF

1-Needs 5-Still Some 10-Good Shape - Replacement Life In It < 5 years old

APPEARANCE OF YARD

1-Overgrown & 5-Unkept 10-Great Piles of Junk

INTERIOR (IF VISIBLE)

1-Trashed 3-Beaten Up 5-Rough 7-Good 10-Great

KITCHEN (IF VISIBLE)

1-Trashed 3-Old, Ratty Cabinets 5-Old, but 7-Fairly New & 10-Almost New & Counter Tops Good Shape Well Kept

BATH(S)

1-Trashed 3-Old, Dilapidated 5-Old, but 7-Fairly New & 10-Almost New Good Shape Well Kept

Comments: ____________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEET

Nothing inside home - no furniture, etc. - Abandoned??Fence needs some upkeep/work. Some wood on the house needsreplaced. Could use painting. Not the best house in theneighborhood.

1624 Main Street#111-36-003

Scale:1 is Worst10 is Best

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

19

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEET

Address:_________________________________

Date:____________________________________

Notes:___________________________________

__________________________________________

__________________________________________

__________________________________________

__________________________________________

__________________________________________

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

20

NEIGHBORHOOD

1-Scary 5-Middle 10-Upper Middle Class Class

APPEARANCE OF HOUSE – OUTSIDE

1-Beat Up 5-Average 10-Great Shape

CONDITION OF ROOF

1-Needs 5-Still Some 10-Good Shape - Replacement Life In It < 5 years old

APPEARANCE OF YARD

1-Overgrown & 5-Unkept 10-Great Piles of Junk

INTERIOR (IF VISIBLE)

1-Trashed 3-Beaten Up 5-Rough 7-Good 10-Great

KITCHEN (IF VISIBLE)

1-Trashed 3-Old, Ratty Cabinets 5-Old, but 7-Fairly New & 10-Almost New & Counter Tops Good Shape Well Kept

BATH(S)

1-Trashed 3-Old, Dilapidated 5-Old, but 7-Fairly New & 10-Almost New Good Shape Well Kept

Date & Time Drove By:_________________________________________________________

Comments: ____________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEETScale:

1 is Worst10 is Best

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

21

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEET

Address:_________________________________

Date:____________________________________

Notes:___________________________________

__________________________________________

__________________________________________

__________________________________________

__________________________________________

__________________________________________

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

22

NEIGHBORHOOD

1-Scary 5-Middle 10-Upper Middle Class Class

APPEARANCE OF HOUSE – OUTSIDE

1-Beat Up 5-Average 10-Great Shape

CONDITION OF ROOF

1-Needs 5-Still Some 10-Good Shape - Replacement Life In It < 5 years old

APPEARANCE OF YARD

1-Overgrown & 5-Unkept 10-Great Piles of Junk

INTERIOR (IF VISIBLE)

1-Trashed 3-Beaten Up 5-Rough 7-Good 10-Great

KITCHEN (IF VISIBLE)

1-Trashed 3-Old, Ratty Cabinets 5-Old, but 7-Fairly New & 10-Almost New & Counter Tops Good Shape Well Kept

BATH(S)

1-Trashed 3-Old, Dilapidated 5-Old, but 7-Fairly New & 10-Almost New Good Shape Well Kept

Date & Time Drove By:_________________________________________________________

Comments: ____________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEETScale:

1 is Worst10 is Best

Attach Photo Here

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

23

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEET

Address:_________________________________

Date:____________________________________

Notes:___________________________________

__________________________________________

__________________________________________

__________________________________________

__________________________________________

__________________________________________

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

24

PROPERTY ADDRESS:

1. Location: Township, Lot, Block__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2. Assessed value – Year Assessed__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

3. Bid price (what is the Treasurer asking?)_________________________________________________________________________________________________________________________________

4. Estimated competition: Low? High?_________________________________________________________________________________________________________________________________

5. Estimated bid-up price______________________________________________________________________________________

6. Property identification or tax number__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

7. Legal description: Metes & Bounds, or Survey______________________________________________________________________________________

DATE:

8. Street Address______________________________________________________________________________________

9. Type of Property: SFR, Raw Land, Office, Commercial_________________________________________________________________________________________________________________________________

10. Comparable value in neighborhood_________________________________________________________________________________________________________________________________

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEET

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

25

11. Appraised value – drive by or from a computer database_________________________________________________________________________________________________________________________________

12. What will you do with it?_________________________________________________________________________________________________________________________________

13. Why are you bidding on this property? Resale? Hold?Can’t pass up a good deal?_________________________________________________________________________________________________________________________________

14. Who are you going to sell it to for a profit?_________________________________________________________________________________________________________________________________

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

26

PROPERTY ADDRESS:

1. Location: Township, Lot, Block__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2. Assessed value – Year Assessed__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

3. Bid price (what is the Treasurer asking?)_________________________________________________________________________________________________________________________________

4. Estimated competition: Low? High?_________________________________________________________________________________________________________________________________

5. Estimated bid-up price______________________________________________________________________________________

6. Property identification or tax number__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

7. Legal description: Metes & Bounds, or Survey______________________________________________________________________________________

DATE:

8. Street Address______________________________________________________________________________________

9. Type of Property: SFR, Raw Land, Office, Commercial_________________________________________________________________________________________________________________________________

10. Comparable value in neighborhood_________________________________________________________________________________________________________________________________

PROPERTY EVALUATION SHEETPROPERTY EVALUATION SHEET

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

27

11. Appraised value – drive by or from a computer database_________________________________________________________________________________________________________________________________

12. What will you do with it?_________________________________________________________________________________________________________________________________

13. Why are you bidding on this property? Resale? Hold?Can’t pass up a good deal?_________________________________________________________________________________________________________________________________

14. Who are you going to sell it to for a profit?_________________________________________________________________________________________________________________________________

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

28

Worksheetspurchase & salepurchase & sale

We help people create Wealth

FTC - Federal Trade Commission Required Disclosure.

I can tell you at the Tax Deed auction the starting bid is the back taxes. Every property will have a published Tax Assessed Value. You can ask or research for that assessment before you bid at the auction. The Federal Trade Commission requires I tell you that you may not do as well as the investors you see in this program.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

29

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

30

1. Sale Date ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2. Where the sale will be ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

3. Where the sale will be advertised _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

4. What is the location? _______________________________________________ Building ___________________________ Room _______________________ Street Map Coordinator ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

5. How many possibilities on the list (Tax Sale Announcement) ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

6. What is required to register? _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

7. What kind of funds do I need? (Personal Check? Cashier’s Check?) _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

TAX LIEN CERTIFICATEWorksheet & Questionnaire

TAX LIEN CERTIFICATE

Page 1...

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

31

8. Deed or Lien, will I get the deed, or a certificate? ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

9. What document will prove I own the property – Tax Deed, Treasurer’s Deed?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

10. Are there closing costs? ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

11. Who will do the foreclosure if it’s necessary?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

12. What happens to the unbid-for properties or liens?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

13. Will the county hold subsequent sale, or can I buy over-the-counter?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

TAX LIEN CERTIFICATEWorksheet & Questionnaire

TAX LIEN CERTIFICATE

Page 2...

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

32

1. Sale Date ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2. Where the sale will be ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

3. Where the sale will be advertised _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

4. What is the location? _______________________________________________ Building ___________________________ Room _______________________ Street Map Coordinator ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

5. How many possibilities on the list (Tax Sale Announcement) ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

6. What is required to register? _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

7. What kind of funds do I need? (Personal Check? Cashier’s Check?) _________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

TAX LIEN CERTIFICATEWorksheet & Questionnaire

TAX LIEN CERTIFICATE

Page 1...

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

33

8. Deed or Lien, will I get the deed, or a certificate? ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

9. What document will prove I own the property – Tax Deed, Treasurer’s Deed?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

10. Are there closing costs? ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

11. Who will do the foreclosure if it’s necessary?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

12. What happens to the unbid-for properties or liens?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

13. Will the county hold subsequent sale, or can I buy over-the-counter?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

TAX LIEN CERTIFICATEWorksheet & Questionnaire

TAX LIEN CERTIFICATE

Page 2...

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

34

AnalysisTax DeeDTax DeeD

We Help People Create Wealth

FTC - Federal Trade Commission Required Disclosure.

I can tell you at the Tax Deed auction the starting bid is the back taxes. Every property will have a published Tax Assessed Value. You can ask or research for that assessment before you bid at the auction. The Federal Trade Commission requires I tell you that you may not do as well as the investors you see in this program.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

35

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

36

1. Where is it located? __________________________________________________

2. What is the value? ___________________________________________________

3. What is the neighborhood like? _________________________________________

4. Is the market going up or down?_________________________________________

5. What will you do with it? ______________________________________________

6. Why is it a good deal for the prospective purchaser? ________________________

7. How desirable is the location? __________________________________________

8. Is the market appreciating?_____________________________________________

9. How will you sell it? __________________________________________________

10. What type of property is it?_____________________________________________

11. Why do you want this Deed? ___________________________________________

12. What is the actual cash value? _________________________________________

13. Does it have a quick sale value? ________________________________________

14. Will it require high maintenance? _______________________________________

15. What about the environmental issues? ___________________________________

16. What is the upside? __________________________________________________

17. Can you wholesale it for what you’re paying? _____________________________

18. Can you sell it? ______________________________________________________

TAX DEEDAnalysis

TAX DEED

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

37

1. Where is it located? __________________________________________________

2. What is the value? ___________________________________________________

3. What is the neighborhood like? _________________________________________

4. Is the market going up or down?_________________________________________

5. What will you do with it? ______________________________________________

6. Why is it a good deal for the prospective purchaser? ________________________

7. How desirable is the location? __________________________________________

8. Is the market appreciating?_____________________________________________

9. How will you sell it? __________________________________________________

10. What type of property is it?_____________________________________________

11. Why do you want this Deed? ___________________________________________

12. What is the actual cash value? _________________________________________

13. Does it have a quick sale value? ________________________________________

14. Will it require high maintenance? _______________________________________

15. What about the environmental issues? ___________________________________

16. What is the upside? __________________________________________________

17. Can you wholesale it for what you’re paying? _____________________________

18. Can you sell it? ______________________________________________________

TAX DEEDAnalysis

TAX DEED

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

38

Questions??Questions??

Questions?Questions?

We provide KnoWLeDGe You Can use noW!

FTC - Federal Trade Commission Required Disclosure.

I can tell you at the Tax Deed auction the starting bid is the back taxes. Every property will have a published Tax Assessed Value. You can ask or research for that assessment before you bid at the auction. The Federal Trade Commission requires I tell you that you may not do as well as the investors you see in this program.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

39

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

40

QUESTIONS????

We provide KNOWLEDGE You Can Use NOW!

Q: How long will it take you to double your money?? A: This simple formula will be a guideline: 72 ÷ the interest rate, for example: CD’s @4% - 72 ÷ 4 = 18 years to double = 18 years to double your money at 4%. If you invested in ARIZONA Tax Lien Certificates @16% - 72 ÷ 16 = 4.5 years. IOWA pays 24% - 72 ÷ 24 = 3 years OKLAHOMA pays 8% - 72 ÷ 8 = 9 years

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

41

Question: Why don’t people pay their taxes?Answer: 1) People die and no one pays the tax. Heirs may

pay the taxes later.2) People run out of money – they becomeunemployed and have money problems.3) Some people won’t part with their moneyuntil the last minute. They are making more byinvesting elsewhere.

Question: Will I own the property at some future date?Answer: Possibly, although it’s rare for a property owner to forfeit their real

estate. In Arizona, for example, 99% of all property owners pay(redeem) the taxes due to the county. The county in turn pays youinterest plus a high rate of return. Nationwide, 97% of all tax liencertificates sold are paid (redeemed) by the property owner.

Question: Who will pay me my return?Answer: The property owner pays you when they pay their delinquent taxes.

The government agency (the county or municipality that collectedmoney from you) will contact you and ask you to return your tax liencertificate. Upon receipt they will send you a government check.

Question: How will I know what I’m buying?Answer: First, you are not buying real estate. You are purchasing a lien on the

real estate. Should you ultimately foreclose and get the property,then you own real estate.

MOST FREQUENTLY ASKED QUESTIONS

About Tax LiensMOST FREQUENTLY ASKED QUESTIONS

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

42

Question: What if I end up with the real

estate? What do I own?Answer: Here is how the process works:

The county will publish a tax lien sale in thenewspaper and public records. Buyers/biddersshould research the public records (plot maps,assessment parcel and subdivision maps). The buyer/bidder shouldalso purchase local maps and drive by the subject properties. Thedrive-by inspection would provide additional appraisal data. Titlecompanies and appraisers, and real estate agents will provide morein-depth information.

Question: What happens to the certificate when I buy it?(Do I take it home?)

Answer: Yes, you can put it in your safety deposit box or other place forsafekeeping.

Question: When do I get paid?Answer: When the county or municipality collects from the property owner,

they will notify you. Upon receipt of your certificate they willpay you.

Question: I want to get a property for sure, not just a tax liencertificate.

Answer: That’s possible – but highly unlikely. Specialists find that certificateholders get the property in only 1% to 5% of all tax lien sales.

MOST FREQUENTLY ASKED QUESTIONS

About Tax LiensMOST FREQUENTLY ASKED QUESTIONS

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

43

Step#1 Contact the county treasurer’soffice to obtain the localpublication which reveals thedelinquent property list.

Step#2 Obtain a “rules of the sale”document from the countyadministrator, along with thedelinquent property list.

Step #3 Determine the parcels you wishto bid on.

Step #4 Research the parcels, either bycomputer or by visiting thecounty records office andphysically reviewing the propertyrecords for the properties onwhich you plan to bid.

WHAT DO YOU NEED TO DOTo Bid?

WHAT DO YOU NEED TO DO

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

44

WHAT DO YOU NEED TO DOTo Identify CertificatesWHAT DO YOU NEED TO DO

#1 Get list of propertiesavailable.

#2 Determine whichproperties are secured byvaluable real estate.

#3 Determine the parcels youwish to bid on.

#4 Determine if real estateappears to have beenabandoned by the owner.

#5 Attend sale and purchaseappropriate certificates.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

45

GLOSSARYGLOSSARY

Ted Thomas GivesYou The Money Stuff!

FTC - Federal Trade Commission Required Disclosure.

I can tell you at the Tax Deed auction the starting bid is the back taxes. Every property will have a published Tax Assessed Value. You can ask or research for that assessment before you bid at the auction. The Federal Trade Commission requires I tell you that you may not do as well as the investors you see in this program.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

47

AAd Valorem - According to the value.

Area Code - Assessor assigned code that represents the subpolitical jurisdiction thatreceive the tax dollars. The first two digits represent the school district, the next two digitsrepresent the city or town and the last two digits represent special districts

Assessed Valuation - Value derived by the County Assessor by applying the assessmentratio to limited or full cash value

Assessed Ratio - Percentage, based on property usage, applied by the County Assessor tolimited or full cash value in determination of assessed value

Assignment - Transference of interest in something to someone else

BBack tax - Any outstanding tax that exists other than the current year

Bidder Information Card -A registration card to be filled out by purchasers of outstandingtax liens

Bonds - Long-term indebtedness approved by voters in a particular taxing district.

CCertificate of Purchase - An instrument denoting the amount of taxes, interest and feesthat a tax lien was sold for

CP Assignment - The purchase of a tax lien at any time other than the original sale

CP Individual - Liens that were purchased at the first offering

CP Holder - Individuals or entities that invest in tax liens

Comparative Amount -Listing of the previous year’s taxes forcomparison to the current year’s taxes by jurisdiction.

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

48

DDelinquent tax - Taxes owing other than the current year.

EEast Valley Institute of Technology - The East Valley Institute of Technology (EVIT) is apublic school district providing specialized vocational/technological training to highschool students from 10 districts throughout the East Valley.

Exemption - Property tax exemptions specified IX§ 2, Constitution of Arizona for widow,widowers, and permanently disabled.

FFull cash valuation - Full cash value is synonymous with market value derived annuallyby the County Assessor using standard appraisal methods.

LLienholder - Typically referring to individuals or entities investing in tax lien purchases

Limited valuation - This value is formula driven and was established by the legislature toprovide for a means basing operating and maintenance budgets for taxing jurisdictions.Increases to this value are based on statutory formulas.

OOverrides - Amounts levied pursuant to an approval by voters in a particular taxingdistrict to exceed budget or tax limitations.

PPersonal Property - Includes property of every kind, both tangibleand intangible, not included in the term “real estate”.

Primary Tax Rate - Rate per $100 of assessed value used togenerate primary taxes.

Primary Taxes - Ad valorem taxes calculated on limitedassessed value for the maintenance and operation of State,County, Cities, School Districts and Community CollegeDistrict.

The world’s most extensive, searchable database of Tax Lien Certificate and Tax Deed information online. This authentic library includes all 50 states, more than 3,300 individual counties, in excess of 1,400 local municipal sources, plus more than 14,000 click-able links to official county government tax assessors, tax collectors, treasurers, tax commissioners, appraisers, sheriffs, marshals & constable.

49

RResolutions - Action on a parcel that will change or alter the tax in some way.

SSecondary tax rate - Rate per $100 assessed value used to generate secondary taxes.

Secondary taxes - Ad valorem taxes calculated on full cash assessed value to payredemption charges on any bonded indebtedness, amounts levied by voter overrides andassessments levied by Special Districts.

Special Districts - Limited purpose districts such as Flood Control, fire, irrigation, etc.

State aid to Education - Reduction (tax credit) for homeowners (owner-occupied) inprimary property tax levied by school districts in your area. This amount will bereimbursed to School Districts from the State through the County Treasurer.

Subtax - Purchase of current delinquent year by previous years lienholder.

Ted Thomas is the go-to guy when you want to purchase tax defaulted real estate for 10¢ to 30¢ on the dollar. For more than a decade Ted has been helping newcomers and professionals make profits buying wholesale at government sponsored tax defaulted auctions. © 2010 by Ted ThomasTM and Jones & Trevor Marketing • Phone (321) 449-9940 • www.tedthomas.com

50