Vancouver, WA Tax Sale

[Jeremy Hamilton]

So the tax sale in my county is coming up in about a month. They do this sale through an online auction style. I haven't really gone through the process before, and I'm looking to get my first investing property. Is there anything to look for for tax sales? What should I be aware of? Here is the link to the properties being offered. http://www.clark.wa.gov/treasurer/Foreclosures/For...

Thanks

[Cristal Sanchez]

Hi Jeremy,

I would recommend that once you choose which property or 's you'll want to bid on have your title company run a preliminary lien and title search. If you were to foreclose on the property owners eventually, any liens on the property may survive the foreclosure and become your responsibility. (For example unpaid garbage, contractor, HVAC,etc...) Since the majority of these properties are most likely occupied you wont be able to see them from the inside and see their condition. Market value on websites like zillow and trulia are not always accurate and can be WAY to high at times, that I've noticed. I would suggest always discussing with your agent if you have one, as they are more aware of differences in market value based on the condition and location. Some websites I'd recommend are hudhomestore.com homesearch.com and auction.com. If you have any questions feel free to shoot me an message through BP or call anytime.

Best,

Cristal

(360) 921-9159