Writing offers on tax lien properties where owner wants $0

[Sam T.]

I have a couple leads that I have been working where the seller has a property they just want rid of because of damage and or tax liens and they don want a dime. I need some advice on how to handle these best. It will be time consuming and expensive to have a full title search done on each one of these leads prior to getting involved and since the seller doesn't want to make anything what can my purchase price be in the contract? I had a current owner search done on one of them but will this doesn't show penalties and interest and I'm afraid something else might pop up once my title comp does the full workup. If any of you are working these type of deals i would appreciate your input. I do not plan on over working these kind of leads but a couple seem like they may be thin deals and profit is profit.

Thanks, Sam

[Jeff Rabinowitz]

@Sam T., I don't understand why you would want a property that doesn't seem valuable enough to search the title. You might find some nasty surprises if you don't know what you are taking possession of. I am not a lawyer but couldn't you just have the owner quit claim the property to you? You don't have to write a purchase agreement.