Delinquent Tax Sales?

[Heather Bettis]

Hi! How's everyone today? What is your opinion/experience with Delinquent Tax Sales? I have a lot of delinquent tax properties in my area and the county is about 9 years behind on sales.

Heather

[Michelle B.]

Heather Bettis

Are you referring to purchasing them at auction? Or purchasing direct from the homeowner?

I assume everyone has a different experience with the auction process - depending on the local market conditions and competition. We used to go to the sales pretty frequently (tax and foreclosure). In our experience, most were scooped back up by the bank (foreclosures) or other investors (likely FT, more skilled, able to get renos done for cheaper, willing to accept less profit) who bid them so high that (for us) it no longer made sense...

However, we have had nothing but success doing direct marketing to tax delinquent homeowners. We rarely go to the auctions anymore....

Good luck!
Michelle