All Forum Posts by: Corey H.

Hi everyone,

I purchased a couple of tax sale deeds and it's time to do barment (foreclosure of right to redeem). The attorney's here in GA charge North of $1700 to handle barment (which I think is outrageous considering how simple it is), so for two properties I'm looking at paying $3400.

Now, I know exactly how to do every piece of the barment myself but I'm holding the property in a corporation and the laws in GA prohibit a corporate owner or officer from representing the corporation on legal matters (which is nuts to me!). So I only have two options: get an attorney or deed it to myself and handle it pro se. Has anyone ever deeded a property out of Corp into the personal to handle a legal matter? And what could be some of the pitfalls? Any input or advice would be greatly appreciated... thanks in advance!

Hi everybody!

I purchased a tax sale property that's currently listed as being in an estate and a will exists but there's been no probate process done yet. Can anyone with experience tell me what issues to expect and some traps to look out for particularly pertaining to  the quiet title process? The property is located in Georgia. Thanks in advance!

@Nick P. Hi Nick... thanks for the info. In GA the water liens follow the property, not the owner. So the attorneys look for them during title search and require that they be paid off at closing.

I'm not sure how Trustee Deeds work in your state but from  what I've seen in the quiet title cases that I've studied, the IRS will typically release their lien on the property and allow the quiet title to move forward while reserving their right to lien upon the remainder of the taxpayer's property. The IRS lien is on all of the property of the taxpayer. 

Hmmm.... so you got them though... that's interesting @Nathan Woods

Now that you say that, I think I may go try again :)

@Nathan Woods... that's what I was afraid of but I'm hoping everything was done well. I asked the lady in charge at the tax commissioner's office for any documents they had regarding the property (notices sent out, etc.) and she kind of got agitated with me. Seemed to me like something they would and should provide but evidently they don't. 

This is a very intellectual conversation... I love it! Thanks for the clarification @Ned Carey. I'm doing tax lien investing. The reason I said what I said is because I bought a tax lien on a property a few months ago where the owners were deceased and the property had not yet been probated. The owners have like 8 children and I've read where there have been cases where, if the municipality doesn't properly notify the owners that the property is going up for tax sale, the owners may be able to challenge the underlying legality of the sale based upon improper notice. In this case it would be the heirs that could challenge. In my state, the law requires that owners be given 10 days written notice of the sale. I'm eager to see how it plays out (hopefully in my favor!)... it was my first purchase. I'm looking to pour alot more into tax liens but I'm trying to really get a good grasp on all of the in's and out's before I do.

Good point @Bruce Lynn. Duly noted.

Oooooh! Thanks @Ned Carey... I just had a light bulb moment (not sure if it's really a light bulb because it's the exact same thing @John Underwood said lol). But so you're saying it doesn't matter because even if there's someone in the chain that has a claim on the property, their claim is neither here nor there because they didn't pay the taxes. So as long as the municipality does their job properly and notifies everyone, then I'm all good! I love this site!!!

Ahhhh got it... thanks :) So one you narrow it down to 10, if those 10 get pulled do just not bid or do you bid on something else?

For tax lien investors, do you perform a title search as part of your due diligence before bidding on a property at auction? If so, how far back do you go? If not, has not doing so ever come back to bite you? Thanks in advance for the help!