Buying a Abandoned/Vacant That Property Taxes Have Been Sold

[Kaleb Shobe]

I’m new to real estate purchases and only have 2 properties that currently own. There’s a vacant land/home that I am currently eyeing. The owner died in 2020 from what records I can find. Researching the property on county property tax inquiry website it says the “Property Taxes Sold” for 2020-2023. I am able to find the investment company (I assume) that purchased the taxes and found their contact in for. How would I go about acquiring this property? Any help would be appreciated! I’ve talked with a few local realtors who haven’t been super helpful. Central Illinois. 

[Jonathan Klemm]

Hey @Kaleb Shobe!  Welcome to the BiggerPockets Real Estate Community!  

You should be able to skip trace the address and find all its public information.  There are tons of different services that can provide skiptracing, such as PropStream or BatchSkip.  

Is there any reason you are after that particular property?  Often, you have to wait several years for the tax liens to clear, so you'd have to wait even if you bought it from the other investors.  At least, that is how it works up here in Chicago / Cook County.

Consider connecting with @Tasha Smith , who is in the Champaign area with you.

[John Underwood]

Try and contact the family.

See if there was a probate started.

You could offer to pay to pay back taxes and redeem property for family so person who bought lien doesn't end up with property.

[Tasha Smith]

Appreciate you, @Jonathan Klemm!

@Kaleb Shobe, Happy to check with our realtor and connect you with her if she would be a good fit. What type of properties are in your buy box?