I've learned quite a lot from the experienced posters on this site.Hopefully I can get some advice on a situation I'm facing.I bought several tax liens in my home state of MS 2 years ago.I'm very happy with the returns, but I have one left that did not redeem.It was a homestead property when I purchased the lien, but now it has "estate" listed on the property, and the taxes are now about double what I paid for the lien.So I'm assuming the owner passed away in the last 2 years.August 30 was the final date for redemption, and I have filed to get a tax deed.My state is known to be lenient in favor of the property owner, and tough on the invester, so I do not expect to acquire the property.However, I have no experience in this aspect of the deal, therefore really don't know what to expect.As it is a relatively small lien, I'd like to avoid the expense of a lawyer if possible, as I'm not sure that money can/would be recouped.One avenue I have considered is to contact the owner when I have the deed, and offer a quit-claim settlement for my interest in the property.I'm interested in your thoughts on this solution, and any other ways to bring this matter to a close.The original lien was for $600.

He's been living in his deceased mother's home and the home has recently been put in his name with a quit claim deed from his sister who is out of state.

Except when I'm buying quick with quit claim deed.

The SAFE act regulates consumer loans, not business borrowing, but if the loan goes to foreclosure, and the borrower claims it was a consumer loan, not a business loan, you will be int he position of proving to the contrary.Therefore, I strongly recommend the following:Lend to an entity only, not a personGet the borrower to sign a declaration stating the loan is for business purposes, and the proceeds will be used only for business purposes.Get a Nevada attorney who has worked on private lending closings to generate your documents and advise you on any Nevada llaws and requirements.

I am new to the real estate world, but one day would like to invest regularly.

You are claiming that is it as simple as saying if you make money.

Many claim to be able to provide financing but rarely do we hear the final outcome.John Corey

I have never had one licensed agent who said that produce the law that they claim makes the transaction illegal.Generally agents are trained to pass the test and how to handle standard transactions.

Apartment associations likely publish a regular update.

I have rented before and I can not wait to leave if some item is a regular annoyance.