When anyone decides to rent their property, the first and foremost fear that hunts mind of the property owner is of tenants. Handing down one's property to strangers is a risky business. Although getting tenants for your rental property is quite easy, getting good tenants who pay on time and who abide by the contract is very rare.
There are two ways of losing your house, one is foreclosure and the other is property tax lien. Almost all of the realtors as well as novice realtors know about foreclosure, in which if the individual fails to pay the debt of bank or financer, the property I sold. However, most of the people are unaware of the process of tax lien, more dangerous than foreclosures.