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Updated over 8 years ago on . Most recent reply
![Andrew Jones's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/245765/1621435917-avatar-andrew1313.jpg?twic=v1/output=image/crop=296x296@23x0/cover=128x128&v=2)
Why do People sell their Home Because of Back Taxes
How come people sell their homes because of back taxes, to individuals for a deep discount. They only ~15k in taxes to their municipality? Why don't they try to sell it themselves before going to investors who will discount their property? I never see a forsale sign in the yard.
I am trying to think of reasons:
Short Time Frame being being auctioned off
That's all I could think of, do you have any other reasons?
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![Tim Lindstrom's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/212662/1621433611-avatar-tradindad.jpg?twic=v1/output=image/cover=128x128&v=2)
Often people who cannot afford their taxes, also cannot afford to maintain their properties. It can cost more money to get a property retail ready than the owner has. An investor helps them out of this situation by taking on the repairs, in exchange for a discount on the property.