All Forum Posts by: Dennis Weber

Well, don't tell anybody,but the Holy Grail is in Marion County, IN (Indianapolis).  That is, if you want the property. Redemptions are less than 50%. My experience has been 23%. 1year redemption.  10% for first 6 months  15% second 6 months. No additional,fees. County does all notifications for you. No attorneys. Don't tell anybody. 

Sometimes it can be a fool's errand trying to figure out what people are doing. Some people's financial sense = 0. I had 5 liens from 2015 sale where people were occupying homes. One paid off towards the end of the redemption period. One owner let people stay as long as they paid utilities. They trashed the place. It is a historic home worth about $65k as is. Financial sense =0.

Another guy contacted me after redemption period and wants to stay in the house. He's giving me a down payment and $400/ month. Financial sense = 0. 

Two homes were owned by people who died. By redemption expiration, they were gone in one. Never made contact. In another the man's son was living there. Thought he got a free home. Tried to make second contact to see if he wanted to buy the house or cash for keys. This house is worth a lot. But he wouldn't answer my calls or answer the door. He split breaking the keys off in all the locks and left a broken down Lexus in the driveway. Financial sense = 0. 

So, checking where tax bills are sent can tell you something. Check obits, too. 

check out all the free and affordable offerings from @Scott Carson  

Tracy Z has an online finance calculator course that is well worth it. She covers partials very thoroughly. 

I've bought a couple from them. They were easy to deal with. I'd buy more and recommend them. 

@Nick Hawryluk  is it also a violation of the law?  

if I had read any of the NDAs Ive signed, I could tell you it would violate it.  

If that golf course makes it to the sale, will you pick it up for me?  If not, a tavern would be nice.:).

There's a lot of vacant land there. 

@Maynhia Stott  some states that don't have OTC liens will sell them at a surplus sale or Commissioner's Sale. 

@John Doolin  knock on the door and talk to them. Most of the time they're just staying until someone tells them to leave. Offer them $50--$100 for the keys. Be reasonable, though. Give them a couple weeks at least to move out. Thats always worked for me. Check the county website or Beacon to see what you have to do. I think I read where you don't have to file ejectment or eviction. Or maybe I dreamed that. 

maybe it's because I'm old and lazy but it sounds good to me to have a servicer transferring money into my account several times a month and no tenants,trash, or termites.