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Updated almost 9 years ago on . Most recent reply

First property acquired
Bought my first property yesterday. It's raw land/small parcel .5 acre. Few issues with the deal. The name on title has passed away and survivors have not opened probate. Seems the property owner is out of state and survivors just decided to let it go to tax sale. I offered for the property and it was accepted. I will be responsible for back taxes and since this will be my first acquisition I had a title company friend of mine handle all the paperwork. I'll probably hold this parcel since it is close to property owned by my family. Thanks to this website for great info. I have a long way to go in my learning but every journey starts with the first step right.