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How does a quit claim deed closing work for tax deeds? Is it like a normal real estate closing at a title company or?? I have 2 tax deeds that I am trying to sell to another investor, they will be informed its a tax d...
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Hello BP!I am looking for advice from my fellow investors about acquiring a vacant SFR. I am very new to real estate investing and I was wondering if there was anyone out there that is familiar with getting vacant pro...
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I have noticed the banks are still bidding in some cases well below what was owed on the mortgage at the sheriff sale. If you were to go to the homeowner could you purchase the property for that lowered amount? Is the...
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Hello all you smart BPers! My name is Jim. From central MN. My first post. This site is an absolute gold mine! Amazing! My question is a little outside the box. I don't know if it is a workable deal or not. I wou...
Hello
I live in Michigan and have recently purchased a house, which I intend to live in, at a sheriff's sale. Since you seem to have experience in doing this I was wondering if maybe you could answer a few questions ...
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Hello,I am in Texas and have bought a house at a tax sale. It was not Homestead and I have waited the redemption period to expire. I was wondering if there is a way to sale the Constable Deed I have, to another person...
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If a tax sale property is mysteriously destroyed within 12 months after purchase, and then subsequently not redeemed where does that leave the investor?I saw a tax sale for $60k, the arv is about $110k. The house is ...
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I have an opportunity to purchase a property via redemption, out of foreclosure in Scottsdale AZ. I am needing somewhere between $35,000 - $40,000 to complete the redemption. Property still has a 1st mortgage on it an...
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A few questions about tax foreclosures that I'm hoping the BP community can help answer. I'll be bidding in Texas but I suspect these are general questions: If the minimum bid is $5000, does this mean that the homeo...
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My partner and I are in the process of putting together the pieces/figuring out the process to leverage the publicly available information on Trustee Sales and Sheriff's Sales.Please clarify the difference between the...