I've attended some IRS foreclosed auctions...and IRS seized auctions...but I missed the latest property tax auction here...I looked at the list of properties they had...nothing to shake a stick at unfortunately.I would treat a property tax foreclosure like any other foreclosure...but check to see if there is any sort of redemption period...there might not be for a property tax foreclosure but that could vary by state law.There should be an inspection period for the property...so if you are serious about one I would get your inspector out there in advance.Also, get familiar with the auction rules...and attend an auction before you actually bid on anything.

When I was 20 I was working construction by day, jamming in bands and staying up all night.

No development or new construction in 09 ...unless it is already funded.

I have already contacted an inspector, so just waiting to hear back from him, as well as, finding out if the bank will accept the offer.

Particularly if you're a professional or licensed "something" (ie: realtor, inspector, appraiser, etc.)

Construction is the primary industry feeling the crunch here, although could get a boost from federal project money in 09.

In our construction business, we had a $30k LOC with them.

We said "after construction."

I would be interested to hear any constructive comments.Area Location: Northeast DenverSquare Footage: 1219Bedrooms: 2 Bathrooms 3 Two Levels Style: Condo/Townhouse Financial Information:Comparables: $169.725Assessors: $189,600Bank of America $173,700Average Rental $1050ROI .14 (.65 factor used)Rehab cost maximum $30,000 (should be less)Asking $59,000$1000 Earnest MoneyI am hoping that this will be a quick wholesale deal

They have continuously looked into my company as if it is odd for an African American to successfully run a construction company.