Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

12
Posts
1
Votes
Timothy Hood
  • Machinist
  • West Bend, WI
1
Votes |
12
Posts

Any advice re: county tax deed sales

Timothy Hood
  • Machinist
  • West Bend, WI
Posted

County owns a run down, late nineties built, property and has listed it on the County Clerk website under "Notice of County Real Estate (Tax Deed) Sale".  The minimum bid is $27K and before it was abandoned, about 7 years ago, it was appraised at $185K.  This property is in really bad condition and needs extensive exterior and, presumably (boarded up - can't see inside), interior work to bring it up to move in condition.  I think this could be a good rental home if could be renovated for $50K or less and have good equity.

The County Clerk's website says the winning bidder is not responsible for back taxes and then immediately says, "Current property taxes and special assessments, charges, and taxes may be the responsibility of the successful bidder".  What are "special assessments, charges, and taxes"?  What taxes are there other than the property taxes?

Any advice or warnings from others in Wisconsin, or elsewhere, would be helpful.

Thanks in advance, Tim.

Loading replies...