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Updated over 7 years ago,
Dayton Tax-Deliquent Property Acquisition
Hello all,
I've been considering getting into real estate for a while and as I'm still very young I don't have the cash I need to jump right in yet. But, I was wondering if anyone in the Dayton / Montgomery County area has any experience with gogetproperties.com or lotlinker.com.
The basics of how these work from what I can understand is that the government allows tax-deliquent properties to be acquired for very cheap, but there are a few requirements and the process takes a while.
My main question for anyone with familiarity is how to ensure that the property is unoccupied before applying? This is one of the stipulations. Wouldn't the property typically have been taken by the bank at this point or wouldn't the city have forced the homeowners out because they didn't pay their taxes? If this isn't the case, then wouldn't most properties be occupied? Thanks ahead of time for the insight.
- Christian