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Updated over 7 years ago on . Most recent reply
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People buying tax liens and fraudulently trying to evict
Here in Oklahoma City there's been a group or person paying off property tax liens and then making fake eviction and foreclosure notices trying to get the owners to legally sign property over. Here in Oklahoma I'm gathering that if someone pays off the lien, that that person can charge interest only and move to foreclose if the amount owed is greater than property value and is actually a judgement to settle a debt.
Also, in my town, a southern small suburb of OKC someone was going to elderly folks and presenting them with fake documents that show the city has condemned their house and will use eminent domain and tear the house down. Trying to get them to sell. The gumption of people to do this is enormous, in the end they won't win. Just some really bad people out there,I guess.
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I have noticed the same thing. Last year I bought over 20 units with my partners and now we are having a harder time finding the same kind of deals. I think it is great. I see so much renovation activity and all of the new sidewalks around my houses. I am very hopeful that a rising tide will lift all boats.