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Updated over 7 years ago,

User Stats

44
Posts
19
Votes
Jonathan Frausto
  • Investor
  • Joliet, IL
19
Votes |
44
Posts

Vacant Off Market House

Jonathan Frausto
  • Investor
  • Joliet, IL
Posted

Hey BP Community

There's a house in a neighborhood that's been vacant for about 6mo to about a year. How do I know that? I live in the neighborhood and I drive past it all the time. I've been trying to hunt down the owner but her tax bill is sent to a PO box, and that PO box is no longer active. (I sent a yellow letter to it and it got returned) 

It had a 25k mortgage back in 95' and it was supposed to be payed off by 2010 but the mortgage company doesn't exist anymore, it ran out of business. (I tried calling the company's number and the line has been disconnected so I don't know if the mortgage was ever payed in full)

Now it does have about 1.5k of municipal liens.

My questions is, is there anyone I can contact aside from the owner, where I can swipe in and buy the property? Can I call the county and ask to purchase this vacant property by paying off the liens? Or possibly write my name on a "first come first serve" buyer list? Or is my only option to wait until the property taxes don't get paid, and wait for the taxes to go on sale?

Any information would be great!

Thanks in advance guys!

Jonathan

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