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Updated almost 7 years ago on . Most recent reply
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County Tax Sales: How To Speak With Owners
I've noticed that a tax sale in a particular county I invest in has hundreds of properties listed on the county site. Weeks before this number starts to drop. The week of only a fraction of these homes are still on the list.
I attribute this to a couple of things, but I could be wrong:
1. People pay their bills
2. Investors scrub the lists, make contact with the owners and make a play to purchase the property before the tax sale.
If the 2nd is true, does anyone have a success rate or strategy they like for acquiring these delinquent property owners? (I'm looking at you @Ethan Summers )
Most Popular Reply
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- Lender
- Lake Oswego OR Summerlin, NV
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number 1 is what is done 99% of the time
number 2 is 1%
number 3 is lender steps up and pays tax's before the property is lost and adds it to the mortgage
- Jay Hinrichs
- Podcast Guest on Show #222
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