Got DECREE CONFIRMING SALE from Court of Shelby county, Tennessee

[Bingji Wang]

A few days ago, I received the above court file of a vacant land I won at a tax sale in Shelby County, Tennessee.

I searched on Zillow.com, this parcel of land seems only worth about $5000.

I already spent $1900 at the tax sale to win.  If I spend $2000 to $3000 to go through the Quiet Title process, that would make this deal not profitable.

What can I do now?  

Can I ask the county to transfer the title to me and change the owner to me in gov's deed records?

Can I just hold this vacant land for 3 years and then get a title insurance without the Quiet Title Action?

Will the longer I hold this land make it cheaper to get a title insurance?

Thank you very much.

[Jay Hinrichs]

Quote from @Bingji Wang:

A few days ago, I received the above court file of a vacant land I won at a tax sale in Shelby County, Tennessee.

I searched on Zillow.com, this parcel of land seems only worth about $5000.

I already spent $1900 at the tax sale to win.  If I spend $2000 to $3000 to go through the Quiet Title process, that would make this deal not profitable.

What can I do now?  

Can I ask the county to transfer the title to me and change the owner to me in gov's deed records?

Can I just hold this vacant land for 3 years and then get a title insurance without the Quiet Title Action?

Will the longer I hold this land make it cheaper to get a title insurance?

Thank you very much.

these cheap properties are very often just quit cliamed and no title insurance is needed..  its basically worthless dirt which is the vast majority of Tax sale properties that have no structure  /   Granted there can be value and home runs but you need inside info on what where and how to get those.