Intro to County Governments
Brian Petersen November 1, 2020
Welcome to the second quiz!
These quizzes are meant to test your understanding of some important points from the content of this module.
In order to pass this quiz and move onto the next Learning Module, you must score an 80% or better on this quiz. Take it as many times as required to pass.
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- Question 1 of 17
1. Question
What are the two county offices that we typically work with while researching and investing?
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2. Question
Which government dictates much of the laws regarding tax lien investing?
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3. Question
Which county office manages the collection of property taxes?
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4. Question
Which county office manages the sale of tax lien certificates?
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5. Question
Which county office establishes a taxable value for each real estate property in the county?
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6. Question
Why is the Assessor/Appraiser important to us?
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7. Question
Zillow provides perfectly accurate property values every time.
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8. Question
Zillow and other automated value software can provide an idea of a property’s value.
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9. Question
A property’s market value is determined by…
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10. Question
Which bidding method is most common for tax deed auctions?
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11. Question
Which bidding method is most common for tax lien auctions?
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12. Question
Which form of payment is required to purchase tax liens or deeds from the county?
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13. Question
Over-the-counter tax liens are usually referred to as… and are usually available for…
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14. Question
Which pieces of information would we like to perform due diligence?
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15. Question
A very low investment amount/delinquent tax amount is usually a sign of a very valuable property.
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16. Question
It’s always important to perform due diligence before investing.
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17. Question
It’s always important to perform due diligence with an exit strategy in mind.
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