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Updated about 9 years ago,

User Stats

19
Posts
3
Votes
Jody Davis
  • Investor
  • West Point, MS
3
Votes |
19
Posts

Quitclaim Deed-What would you do?

Jody Davis
  • Investor
  • West Point, MS
Posted

So, I am based out of Mississippi.  I went to a tax sale at my city hall in my town three years ago.  I bought a property, and I ended up receiving the property through the process.  I now own the property via a quitclaim deed.  Called the tax assessor's office today to see what taxes are owed on the property as I haven't paid the taxes on it since I acquired the property because it had a mobile home on it that got repossessed from a foreclosure through the owner's mortgage company.  So now I have two acres of vacant land way out in the county.  The tax assessor's office said the value of the property is $7,700.  The taxes I owe are for 2013 at $153, 2014 at $105, and 2015 at $66.  What should I do to start the process of getting the property into my name, such as title and everything?  I have no idea about the process, and my initial thought was to not pay taxes and let someone else take it over via a tax sale, but if there is value here, I would like to tap into it.  Thanks for any help.

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