T r u s t S e r v i c e s
AV Financial Trust Company, founded in 2010, is a boutique real estate investment and financial services trust located in New York, NY. In addition to its other more traditional real estate investing activities, AV Financial has developed a specialized niche in acquiring and managing portfolios of private property tax liens and special assessments (“Tax Liens”) in various counties within the United States. In 2013, AV Financial was the first to apply a private annuitized trust approach to the investment, to provide perpetual growth for investors in the “SOLO Tax Lien Trust”.
AV FINANCIAL IS ONE OF THE LARGEST DEVELOPERS AND SERVICERS
OF TAX LIEN PORTFOLIO TRUSTS IN THE UNITED STATES.
With our substantial investor backing and secondary market affiliates, AV Financial’s goal is to continue to capture a substantial portion of the tax liens being created and sold by developers and counties. AV Financial is one of the only “institutional trust” purchaser of these assets, and counties find that we can be relied upon to make quick and informed commitments without financing contingencies.
AV FINANCIAL HAS THE TECHNICAL EXPERTISE TO IDENTIFY VALUE, STRUCTURE,
AND MANAGE PORTFOLIOS WITH OUR PROPRIETARY BENCHMARKING TOOLS.
We employ six sigma protocols to optimize the data chests and daily reports. The data allows us to isolate market segments that show investment robustness. Our proprietary benchmark analysis identifies favorable “live/work/play” areas in time, which reflects increased job and income growth with volatile affordability ratios. We are happy to purchase portfolios after several years of lien redemptions have already been collected. Under this scenario, the ability of the county to provide adequate documentation with regard to the creation and disclosure of, as well as market trends for the portfolio, could have a significant impact on pricing.
AV Financial has full in-house servicing capabilities, an experienced staff, and has recently created a customized software package which assists us with the nuances of each individual portfolio. The use of advanced technology allows us to be more responsive and efficient as the scale of our business expands. Our team of analyst digest granular data to decipher Domestic Capital Trends, Emerging Trends, and Sub-Market Data Trends authored by thought leaders of the industry.
AV FINANCIAL IS AN AFFILIATE OF THE LARGEST MARKET MAKER IN THE LIEN INDUSTRY, BOOKING OVER $1BN IN TRADES SINCE 2014
TAX LIEN CERTIFICATES AND HOW THEY WORK
Taxing authorities all over the United States hold a superior lien against all taxable property to enforce the payment of property taxes. Tax sales finance local, city, and state government services, such as fire, police, 911, 411, 211, infrastructure, school districts, and libraries. When cash shortfalls occur because of unpaid property taxes, a sale has to take place. Delinquent property taxes result in extraordinary problems for local governments, which must provide critical services to their constituents.
Although the overall process is very simple and straightforward, it does require a lot of administrative processing and due diligence as each lien needs to be researched, bid for, purchased, recorded with the county, monitored, and redeemed. It is therefore important that you understand the process very well, or that you work with a trust company that has extensive experience managing the tax lien life cycle.
Tax Lien Investing is a No Risk High Reward Investment, all parties involved in the process benefits:
Local governments can provide critical services and stay operational.
Homeowners are extended a loan by the investor through the sale of certificates for unpaid property taxes.
Investors win, by receiving above market rate land-secured returns upon redemption or an opportunity at a greater more favorable interest in the property.