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Updated almost 6 years ago on . Most recent reply

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6
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1
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Nestor Maldonado
  • Houston, TX
1
Votes |
6
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wholesaling Tax Delinquent from Tax Delinquent list

Nestor Maldonado
  • Houston, TX
Posted

I'm new to wholesaling just trying to inform myself before attempting to jump into it, but my question is why would an investor choose to buy a property from me (contract) when he can just wait until the auction, wouldn't it be cheaper just to wait, I see that maybe they don't want to compete with other bidders but I can't wrap my head around it, just need someones input on this I heard they're the hottest leads next to pre-foreclosures 

Most Popular Reply

User Stats

63
Posts
27
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Jordan H.
  • Real Estate Coach
27
Votes |
63
Posts
Jordan H.
  • Real Estate Coach
Replied

The thing with delinquent properties is that they may not go to auction for many years. In some counties they don't even consider you for tax sale until you are 3 or 4 years delinquent. and even then they might not put your house on the tax sale list.

That being said, the properties are still in distress and still may be a good deal for the wholesaler and buyer.

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