All Forum Posts by: Chris War

What are the issues with trying to flip a tax sale? Can't we just go through the process of getting the title in our name? 

@Chris K.

Thanks for that breakdown. So essentially an extensive title search should be perfomed on every property before any type of bid is offered? What's the point of "free and clear" sales if they aren't free and clear? haha

@David Krulac

I wrote that wrong to be honest. 

The house was for sale as of this past May (verified on a realtor's website). I found the judicial sale it was on and now it's on repository. Is it possible to skip the upset sale and go right to judicial? I agree it seems very quick.

That's my concern. What type of research should be done? Standard title search? Out of curiosity if things are misrepresented by the county can they be held accountable at all?

Well it is on the repository list and has already gone through judicial (obviously). How can there be tax issues associated with it if it's already gone through the proper channels?

I have a possibly odd question.. Is it possible for a property to go up for sale, listing removed, upset sale, judicial and then repository? I've located this property and it has a decent amount of value and all of the above happened in a very short amount of time. We're considering a bid on it but it seems too good to be true.  I've seen properties much worse than this one go at upset sale. I'm wondering if we stumbled on something good or someone's clerical error.

Thanks for the tip!

I'll have to start using that tool. Thank you. 

My biggest downfall with being a landlord is I'm too nice. The tenants see that in me and I get taken advantage of every time. My next one wont be like that at all.

Any recommendations on a good online search to screen people?

Thank you for the responses. I know it's difficult to get back rent but I've found even the threat of litigation gets the job done a good percentage of the time. 

I'm serving her an eviction notice tomorrow when I go to the property.