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Updated about 6 years ago,

User Stats

15
Posts
4
Votes
Keith Hague
  • Rental Property Investor
  • Oak Harbor, WA
4
Votes |
15
Posts

Washington state Tax Deed advice

Keith Hague
  • Rental Property Investor
  • Oak Harbor, WA
Posted
Im looking for advice from anyone who has purchased property from a tax deed auction in Washington state. I have found detailed descriptions of the property through the county websites, including the name of the "taxpayer" as well as a living trust with 4 names on it. I plan to borrow from family and friends to pay the county (if I win the bid) and then do a HELOC on the assessed value, in order to pay off my friends/family. I have to register for the online auction by the end of November so I'm trying to make sure I do everything I should. My Questions: What should I be doing now? How can I view the property when there is potentially a hostile owner about to be kicked out? (The property is on acreage, so a drive by isn't an option without trespassing) How much could I expect the bid to raise in a rural area? I know this is vague but i just want to get a feel for how much higher it might go past the starting 20k bid. (Assesed value is around 300k) Thank you for your time!

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