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Updated almost 10 years ago,
Surplus Sale Property Resale Questions
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.