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Updated over 9 years ago on . Most recent reply

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19
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Ivelisse Matos
  • Kitchen Designer
  • Sanford, FL
3
Votes |
19
Posts

Unsold tax properties

Ivelisse Matos
  • Kitchen Designer
  • Sanford, FL
Posted

I am new to bigger pockets and investing. Someone told me about unsold tax properties. Can anyone tell me how to find them in my town and if they are worth it?

Most Popular Reply

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1,456
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Patrick L.
  • Real Estate Investor
  • Saint Petersburg, FL
951
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1,456
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Patrick L.
  • Real Estate Investor
  • Saint Petersburg, FL
Replied

Usually the worst of the worst.  Properties I wouldn't take for free.  Generally you'll find inaccessible landlocked parcels in rural areas, vacant lots in very rough areas (usually with a municipal demolition lien plus a ton of lot clearing liens attached), odd slivers of land (ie 8 ft wide lots), or swamp land/marsh/wasteland.  Tax deed auctions are competitive, if the property has value above the taxes it will sell (and even most times when it doesn't there's still a sucker who can't pass up the chance to own something for a few thousand dollars)

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