All Forum Posts by: Keith Hague

@Wayne Brooks that's why I'm asking. Im not sure how that side works.

@Ty Balascio what would you say is the "norm" as far as price for buying directly from the owner before the auction? Or what would be a good starting point? They owe 20k, the assessed value is ~300k... what do you offer to buy it for? Is 40k too much, too little?

Thank you all for the replies. This gives me a lot of good homework!

Im looking for advice from anyone who has purchased property from a tax deed auction in Washington state. I have found detailed descriptions of the property through the county websites, including the name of the "taxpayer" as well as a living trust with 4 names on it. I plan to borrow from family and friends to pay the county (if I win the bid) and then do a HELOC on the assessed value, in order to pay off my friends/family. I have to register for the online auction by the end of November so I'm trying to make sure I do everything I should. My Questions: What should I be doing now? How can I view the property when there is potentially a hostile owner about to be kicked out? (The property is on acreage, so a drive by isn't an option without trespassing) How much could I expect the bid to raise in a rural area? I know this is vague but i just want to get a feel for how much higher it might go past the starting 20k bid. (Assesed value is around 300k) Thank you for your time!