Why take a "new approach" to tax sales? If you want properties from the tax sale, you'll pay way too much at the tax deed sale - and tax liens take forever to result in a property, if you get any at all. There's a much better method - I call it 'DeedGrabbing'.
To briefly sum up my first post (here) about tax lien auctions: Each state has different rules for their tax lien auctions but they can all be grouped into 4 general types We talked about the first type, found in just a few states, called "bid up" tax lien auctions The price of the lien
Tax Lien Auctions Are Conducted in Several Major Formats - Here They Are! Tax Lien Auctions: What Are the Major Formats? Tax lien auctions are conducted differently in each state. Though it's common to see two states with seemingly identical tax lien auctions, there are always at least minor differences. For example, South Carolina and
What Is A Tax Lien Certificate? "What is a tax lien certificate" is a question that late night infomercials try to answer in a misleading way. Let's look at some of the top misconceptions that arise during these attempts to answer, "What is A Tax Lien Certificate"... Misconception #1: What is a tax lien certificate?
Tax Deed Auctions: Can You Really Get a Steal? It can be exciting when tax deed auctions hit the paper each year in my area (or each WEEK in some other areas). Why? You routinely see tax deed auctions where the starting bid on properties is incredibly low! Sometimes less than $1000 for a rentable
Tax Deed Certificates? Decide if you're looking for tax deeds or tax certificates.Before we talk too much about tax deed certificates, I should tell you that they actually don't exist! Tax deed certificates could refer to either "tax certificates" or "tax deeds" but probably not a combination of the two. To help in understanding the
Deal Prospecting: How Much Advance Research Should I Do? Most real estate and "found money" professionals invest way too much time doing advance prospecting (otherwise known as researching deals) before reaching out to potential clients. Here's a hard reality about our business: You will only successfully contact (much less do deals with), a relatively small
Tax Overages: Not a Concern for Most Sellers Tax Overages and Buying Pre-Tax Sale Property Tax overages were at the center of a great student question I received today. First, let's review tax overages briefly. Tax overages occur when a property goes to a tax sale auction, and the county receives more for the property
Tax Foreclosure Auctions - Why Bid?Thinking about going after some tax foreclosure properties? If you're planning on attending a tax lien or tax deed auction, be prepared for these roadblocks to success: Tax Foreclosure (Lien) Sales -You will have to research hundreds or thousands of liens to buy just a few -You can only inspect
Subscriber Question - Mortgages on Tax Sale Property Rick everything you said sounds wonderful, my only issue is mortgages on tax sale property. Getting a deed for little to nothing is great, but how do I know if it is free and clear. I'm concerned about mortgages on tax sale property. I would hate to
Get an accurate quick sale price for your property - or else!Quick Sale Price For Your Properties A quick sale price is the only way to go when selling your DeedGrabber properties. In my last post, "Determining Property Selling Price", I showed you why you mustn't price a property based on what's owed on it,
