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Updated over 10 years ago, 06/21/2014

User Stats

74
Posts
43
Votes
Angie B.
  • Rental Property Investor
  • Chattanooga, TN
43
Votes |
74
Posts

Abandoned Property

Angie B.
  • Rental Property Investor
  • Chattanooga, TN
Posted

We drove by a house (driving for dollars) that appears to be abandoned, and it is in a decent neighborhood where we were looking at other properties. I looked up the owner, and after searching online, traced the LLC name and address back to Vesta Properties. http://vestaholdings.com/vesta/index.asp It appears they purchased the tax lien, but they were also listed as the property owner (I'm not sure if that is what automatically happens when you purchase a tax lien?).

Anyway, we were interested in contacting the owner to see if they want to sell, but now knowing this is a major company that invests in tax liens, what do you think? Do they typically want to sell the properties? I don't know enough about tax liens to know what the next move is.

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