Here's what it will provide you:- You'll put 150 hours into it, so it will be a lot tougher for you to get discouraged at any point and quit real estate;- It will give you a new opportunity for income (being a buyer/listing agent).

Could you have the lady quit claim it to you for a dollar?

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.

Don’t quit.

There seems to be quite a few of us from Denver here.

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

I'm quite certain that my wife wouldn't be too happy if I followed your plan and we ended up with less than zero at the end of each month and started praying for appreciation in 20 years.

Plus there is no stamp duty here in the US where in Oz its quite high, the costs for coming over to the US are less than what we would have paid for that.

It's really funny how different counties take different approaches; Travis County (Austin, which probably has the highest per sq. ft residential) quit getting it from the MLS a few years ago.