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Updated over 8 years ago,
- Real Estate Agent
- Syracuse Binghamton and Ithaca, NY
- 306
- Votes |
- 392
- Posts
Making an Offer Before a House Goes to Auction
Hello all!
I'm in upstate New York, looking to purchase a property to rehab. We're working with an investor. I've spotted a property on the county tax auction website that I LOVE; it looks like it needs all the right things and sales in the area are decent. The only info the auction site has is that the tax assessment is $150,000 and taxes due are $6,000. It is currently owner-occupied.
Our investor is going to finance a purchase. Can we make an offer to the family before it goes to auction in June? If so, how do we go about it?
I'm not sure how properties usually do at auction versus their actual value. I'm also not interested in screwing this family over after they've had such hard times. Is there anything we can do here that will benefit us, the family and the county?
Thanks guys!
- Stephanie Jacobson