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25 February 2025 | 17 replies
You are not allowed to compound interest.If you bought the certificate from the state on a best price offer, you charge interest on your purchase price, not on the full amount of the taxes that were due, but were not paid by you when you purchased.After you obtained your tax deed, you are entitled to something called "mesne profits" if you file an ejectment lawsuit against the former owner and they redeem during that lawsuit.
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2 February 2025 | 1 reply
I'd love to hear your thoughts on whether this service is something you currently use or would consider.
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7 February 2025 | 25 replies
If that is your plan then go do something else.
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15 February 2025 | 14 replies
Find something with someone who is boots on the ground, that you have talked to and built trust.
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25 February 2025 | 12 replies
I think the section 8 administrator would have something to say about it.
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23 February 2025 | 16 replies
So, the prosecutor tries to charge something he can win on and that is typically related to something the buyer has done improperly in the purchase, possession or disposition of the property.
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1 February 2025 | 16 replies
Then there you go.One thing I am looking to try to do but haven't done yet is buy something with zero down on seller finance, put the rehab on a 0% credit card, then refi the seller off in 12 months and pay back the card.
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12 February 2025 | 20 replies
Also being a winterized foreclosure the sudden rush of water probably broke some things loose in the pipes.
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12 February 2025 | 6 replies
https://treas-secure.state.mi....some things to keep in mind:-Non owner occupied properties pay 18 mils more in taxes in Michigan - Even with the SEV you should plan that the SEV will go up.
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10 February 2025 | 7 replies
Also zeroing in on what markets you want to work in is something you should probably think about doing.