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2 August 2014 | 2 replies
Appears that only the owners of the property or those that are owed money are able to claim an of the excess funds after tax sale.
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3 August 2014 | 2 replies
During our initial conversation, he did mentioned he owed some back taxes (a few thousand).
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4 August 2014 | 70 replies
"property is owed by group of investors I am only hired to manage it". that rule will save you a lot of pain down the road. if they are not comfortable with that ...NEXT
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2 August 2014 | 2 replies
Here are the specs:3bd/2ba 1792 sq ft.2013 Tax value - $116,3002012 Tax value - $132,000 (we had a big devaluation in TV county-wide between 2012-2013 that has not really affected market values)She says she owes around $95,000, and I'm guessing ARV is around $125,000-$130,000I realize there's not much equity, but currently looking for buy-and-hold properties.
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2 August 2014 | 3 replies
Hi Ty,You've got to be very careful there aren't 1st lien positions on the properties, in most cases there are and you could wind up buying a HOA lien for cheap and then owing far more than that.
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1 August 2014 | 1 reply
It has 5 years back taxes owed on it.
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5 August 2014 | 15 replies
Right now I'm a small investor with just my principal residence and 1 rental property.
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3 August 2014 | 7 replies
My research indicates the owner owes around 100K and the property is worth conservatively about 125K in good condition.
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15 August 2014 | 1 reply
The best person to ask would be your principal broker.
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1 November 2020 | 12 replies
When I received a letter from his attorney stating that I owed him money or they would file a mechanics lien, I had my attorney tell them that if he doesn't back off I would go after him criminally and use the neighbor as a witness.