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Updated 5 months ago, 07/13/2024

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58
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11
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Price of delinquent properties in Mississippi

Posted

I am wondering if anyone has ever bought properties off Mississippi's delinquent property list.   Unlike other state, it does not provide an amount that is the minimum offer. Instead you have to express in writing you interest in buying a property, and they write back how much they want for it. Sounds like a lot of work. They say they work off the property's assessed  value.  I am wondering what this means in practice. If a property is assessed at, say, $1,500, how much are they likely to want? How much if it's $8,000?  Let me know if you have had experience with this process.

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