Tax deeds and surplus

[Carolyn Morales]

I have done well the last 3 years with buying over the counter tax deeds. I made 55k my 1st tax deed bought over the counter from the tax deed office without bidding. A vacant lot, and have since bought 13 more in and around tax deed inventory whether it is from an out of state holder of inventory or otc at tax deed office. I just let 2.1 acres go back to auction because I could not get the right of way I needed to make it buildable on this not yet approved private road. It required a waiver of frontage because the road in front of it was not approved.. I paid $4500. On a 46k assessed value. I thought I could learn the application process and there was enough room in equity I could let it go back to auction if I had to. Well it got bid up to 24k and 19k in Surplus is coming back to my business. That was not my original intent but I will take it. Now I know why some people make a career out of pre auction intercepts to NOT pay the tax to set them selves up for surplus . All of my tax deeds have been just vacant land or MH lots