In partnership with First National Assets out of Chicago, Tryko has accumulated an $80 million tax lien portfolio and has been praised by banks and professionals as one of the most innovative, organized and disciplined tax buyers in the country.
Tryko has been working with municipalities throughout the United States and has established a working relationship that benefits both the community and the county. Whether you are an investor seeking an opportunity in the Tax Lien Industry; or a holder of tax liens seeking to dispose of those obligations, Tryko's dedicated staff is eager to help provide unequalled services related to the acquisition and management of real estate tax liens. We provide municipalities with the financial support to overcome budgetary shortfalls which arise when property owners are delinquent in their tax obligations.
The collection of property taxes allows municipalities to pay for the continued development and upkeep of their schools, streets, police and fire protection. Without the ability to collect these funds, the community suffers. To assist in this process, the counties will offer delinquent taxes as a lien against the property to outside investors to allow the county to continue running efficiently, the property owner extra time to pay their taxes and the investor a return on their funds.
In the event the property owner does not payback the funds, the county issues the investor a deed to allow them the opportunity to sell the real estate. Through this process, we inevitably end up with properties and tax liens for sale throughout the year. To help provide the highest sale price for our municipal clients and as a resource for the investor community, we market these properties to investors.