Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

309
Posts
100
Votes
Sandy Uhlmann
  • Investor
  • Jefferson City, MO
100
Votes |
309
Posts

Perfecting the title

Sandy Uhlmann
  • Investor
  • Jefferson City, MO
Posted

Was curious to find out if it is worth trying to contact the previous owner of a property lost in a tax lien sale in order to try to entice the previous owner to sign the deed over vs paying an attorney for a quiet title action?  This would essentially be a "cash for deed."  I know all states and counties are a little different but in MO, if the landowner doesn't pay their taxes after 3 years, the property goes to sale.  If purchased at the sale, I believe there still is a redemption period of about a year.  It seems to be it would be worth an attempt to contact the land owner and at least find out their intentions.  If they plan to redeem-great!  I get the price I paid plus some interest.  If they no longer want the property and have no intention to redeem, it seems to me like for a token amount of money, they might be willing to sign the deed over to me so I can get clear title/a warranty deed and can move onto sell or do whatever I want with the property without worrying about a redemption period.  Is this a viable option or not realistic at all?

On the same subject of perfecting title, has anyone used any company that helps you perfect the title so the property is saleable?

Loading replies...