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.
Local Real Estate Networking
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 over 7 years ago,

User Stats

15
Posts
1
Votes
Chris War
  • Greentown, PA
1
Votes |
15
Posts

Tax sales, quiet titles and taking ownership.

Chris War
  • Greentown, PA
Posted

Hello all! First post here and hoping to get some insight. This is a very informative forum to say the least. 

Here's my issue - 

My son and I have decided to get into the tax sale game after discovering a certain house we always liked is going up for an upset sale. To date we have already inspected the outside (and what we can see of the inside) as well had a title search done. This property is free and clear of any mortgages or liens other than the taxes. We'll be paying in all cash up to 35k - the tax lien is much lower than that as the starting bid. 

The auction is coming up next week and I still have a few questions which I'll itemize. 

1. Once the property is purchased where do we typically get title insurance to protect our investment before it's sold?

2. The county we're buying in has no redemption period. From what I understand once we bid and purchase the property is "ours". Being I live very close to this property I can verify it hasn't been occupied for at least 3 years which is considered vacant or abandoned if I read correctly. Can we go in once we win and pay at the auction?

3. What are the steps to get the actual deed? From research we have to get a quiet title done. Is it best doing this through a lawyer or is it something that can be done ourselves? How long does the process usually take?

Thank you in advance for your help!

Loading replies...