Due Diligence on NYS Tax Real Estate Auction
Hi Everyone,
I am planning on purchasing real estate through a tax auction.
What are specific things I should consider/look out for before placing a bid?
Thank you!
Most Popular Reply
I actually just attended a Erie County Tax Lien seminar and thought of these tips.. I don't have any experience myself yet. Seeing the property is always best obviously. Although securing the assets is key in this seller's market so hopefully they will be profitable for you... depends on your use of the property - flip or buy/hold, etc.