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Updated over 3 years ago,
Going to the Auction
Hi All,
I am going to a real estate auction to purchase my 1st rental. I am researching the property to get as much information as possible in prep. Here's what I have so far.
City Property/Tax Records (Same owner for 30+ years, Assessment value $131k, last refinanced in 2005)
County Lein Records (Tax lien was released to allow mortgage company to auction, owes $19,400 in back property taxes)
Report from Auctioneer
Notice of Sheriff's Auction from County
Researched comps in the area to know possible market value ($185k-$215k)
Looked at images from Google maps street view
It's vacant and I've driven by it a few times
I know we'll be able to go in an look around at the auction but other than that, is there any other information I might want to look up before auction day?
Many Thanks!
~Alan