In reality, anyone who has purchased a tax certificate is eligible for one after a three years wait period; however, this does not mean they have clear title to the property.

Penalties for Late payment.Ballon payment after 5 years : $ 116320.00 (220000 - (1728 * 60 payments))No Survey NecessaryNo Title Insurance NecessaryYour thoughts

Closing costs here with the excise taxes in WA + escrow and title insurance are going to be about $5k.  

Of course, you'll need to confirm the revenue and expenses, and make sure that the title, survey and Phase I are clear, as well as get a firm handle on the market, but I would not delay in signing it up with a due diligence contingency.

I'd get on title some how and sell for cash or lease out.

Talk to your accountant, but I'm guessing he will tell you that if the company doesn't hold title to the property then you can't claim it as an asset of the company.

I am a newbie to philly sheriff's tax sale , and kept asking this question to everybody to make sure i have the right clear answer , even at the sheriff's sale i asked one of the shirreffs, but was not quite sureDo i have to run a title search for any property i am interested in at Tax foreclosure sale , or also search it at the city hall records for any other mechanical liens , utility bills , etc... or i do get the tax deed free and clear as some of them said ??

However, after a property is sold at a tax deed sale, the owner still gets a 6-month redemption period to buy back the property before you can obtain clear title.

In this case - the buyer transfers the purchase amount to the title company or RE lawyer's (depending on your state) escrow account.

You can title your first property where you both are vested , I dont know Texas law but maybe a Land Trust??.