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Updated almost 6 years ago on . Most recent reply

User Stats

86
Posts
18
Votes
Christine T.
  • Investor
  • Palm Harbor, FL
18
Votes |
86
Posts

Best deal on a Tax Deed Property?

Christine T.
  • Investor
  • Palm Harbor, FL
Posted

I know several of you are in the tax deed sale business.  What's the best deal you've ever picked up at a tax deed sale auction?

Most Popular Reply

User Stats

516
Posts
152
Votes
John Rogers
  • Real Estate Investor
  • Davenport, FL
152
Votes |
516
Posts
John Rogers
  • Real Estate Investor
  • Davenport, FL
Replied

Bought a 4/3 block house for $ 15,765,

Went to the clerk's office and bought it,registered the deed, and called my Realtor.

Drove toward the house, stopped at Home Depot and bought new locksets.

Met Realtor at the house... drilled the locks for access, and as I was changing locks, she took pictures. We did a calculation of sales price(cost+ sales commissions+ profit) so she knew where to list it.

She took a yard sign out of her pickup and put it at the end of the driveway, got out a lawn chair and sat under the trees in the front yard.

Third person to look at it that day (neighbor) bought it for $ 27,999 three hours later.

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