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Updated over 8 years ago, 09/26/2016

User Stats

23
Posts
11
Votes
Jordan Knoll
  • Real Estate Agent
  • Grand Rapids, MI
11
Votes |
23
Posts

How to buy a tax foreclosure

Jordan Knoll
  • Real Estate Agent
  • Grand Rapids, MI
Posted
I am thinking of putting an offer in on a property that is listed on my county's tax foreclosure listing. This property is not going no to auction, but the county is asking $100,000 for the property. Does anyone know if this price is usually a baseline and they are likely to receive more than their asking price or if it is common to offer a lower amount based on repairs needed? Any thoughts or input are greatly appreciated!