Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

24
Posts
6
Votes
Holli Phillips
  • Residential Real Estate Broker
  • Westfield, IN
6
Votes |
24
Posts

Surplus Sale Property Resale Questions

Holli Phillips
  • Residential Real Estate Broker
  • Westfield, IN
Posted

Following up from a previous post on here about not being able to unload the properties we bought at the surplus sale.  After talking to the title company, we need to have a real estate attorney get involved in Quiet Title.  

Is there any way to sell these with the same quitclaim deed that the city sold these properties to us with?  Obviously we have learned from this experience and will never invest this way again.  We have ditched the mentor that got us into and that has drained our savings account.  

Are there wholesalers out there that buy these without doing a Quiet Title?  I mean we are looking to unload these for less than we paid for them and are even at a higher loss if we pay for a Quiet Title that takes 100 days to do.  

Walking away from them at this point is not an option and neither is investing any money to get them move-in ready.  

Loading replies...