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Updated over 5 years ago on . Most recent reply

User Stats

3
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1
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Michael Ellers
  • Blairsville, GA
1
Votes |
3
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Best Markets for Mortgage Foreclosure Surplus Strategy

Michael Ellers
  • Blairsville, GA
Posted

Which states/counties have the most favorable business and regulatory conditions for pursuing a mortgage foreclosure surplus strategy? Thank you!

Most Popular Reply

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543
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310
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Davido Davido
  • Rental Property Investor
  • Olympia, WA
310
Votes |
543
Posts
Davido Davido
  • Rental Property Investor
  • Olympia, WA
Replied

Joe Kaiser, the Washington State investor mentioned by @Jay Hinrichs still maintains a website describing the actions he took to gain an interest in properties involved in tax foreclosure in WA and why.  One of Joe Kaiser's belief's is that the various Counties resented the loss of revenue (unclaimed overages) that resulted from his business.   It is an story of interest which can be found at  http://www.pushedtoshove.com/

@Ana G., the owner's of tax delinquent property need all the help you can give them.   Though the State's and County's talk up "protecting the public", the reality is they regularly and continually profit considerably from the losses of tax delinquent owners.  The foreclosure markets, both mortgage and tax foreclosure, are ripe with opportunity.

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