Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago,
Amazing tax deed potential in Hamden county?
Ok so I've done some reseach on what the difference is in a tax lien and a tax deed. found out in mass we have tax deed redemption at a 16% interest. so i was poking around my local tax lien database properties online, and I just am typing in street names especially high market places in massachusetts.
There are a lot of nice houses with tax liens owed. I found some over 2 years old reaching $3,000- $7,000 in taxes owed some over the course of 4 yrs.
But the assessor database says these houses are still owned by the owners some are city owned but most are in the owners names. These are really good properties in very nice areas, How do you recommend going about talking these owners in to possible selling they're homes for what they own in taxes before the city claims it anyway.
These comps are like $140,000-$175,000 for these houses, Is it even possible to get these properties under contract for only what they owe in taxes to wholesale then to hungry buyers, maybe even offer them at most $20,000.