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Updated about 6 years ago on . Most recent reply

Richard Alexander's profile image
Richard Alexander's profile image
Richard Alexander
  • Wholesaler
  • from Norcross, Georgia
  • Member since Nov 9, 2015
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Richard Alexander's profile image
Richard Alexander's profile image
Richard Alexander
  • Wholesaler
  • from Norcross, Georgia
  • Member since Nov 9, 2015
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Richard Alexander
  • Wholesaler
  • Norcross, GA
0
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13
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Buying & Selling Real Estate

Looking to buy HOA tax lien in Georgia to own property

Richard Alexander
  • Wholesaler
  • Norcross, GA
Posted

So im looking to pick up properties from HOA Judicial Forclosures in Georgia GWINNETT county Fulton county and Dekalb.

Whats the best process and which direction to go.

I have a friend who acquired a condo in Dunwoody Ga for $26,600 HOA forclouse and the ARV is $325k ..??

Richard

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Patrick L.'s profile image
Patrick L.'s profile image
Patrick L.
  • Real Estate Investor
  • from Saint Petersburg, Florida
  • Member since Mar 13, 2013
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Patrick L.'s profile image
Patrick L.'s profile image
Patrick L.
  • Real Estate Investor
  • from Saint Petersburg, Florida
  • Member since Mar 13, 2013
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Patrick L.
  • Real Estate Investor
  • Saint Petersburg, FL
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Patrick L.
  • Real Estate Investor
  • Saint Petersburg, FL
Replied

You are buying them subject to any senior liens, so you and your friends will loose all of your money once the 1st mortgage finishes their foreclosure.

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