I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...
I just received a check in the mail where one of the properties I was holding a tax lien on had been redeemed. I just go to looking at it and seen that the person who redeemed in was the past owners. The lawyer that d...
Hi guys, does anyone have experience with the "right of redemption" law? So what I am wondering is if a Judicial foreclosure happens and lets say the house is worth $200k. They for whatever reason let it go to somethi...
Hello everyone, I purchased my first tax lien a few months ago. Since then, the owner has sent a letter stating they would like to redeem. I recieved the letter and enclosed was some papers for me to sign for them to ...
If i send out direct mail to a bank owned properties that is not listed for sale. But the homeowner is currently living in the home. They received my mail and decided to sell it they can get out from the distress they...
Today I attended Maryland Harford county tax lien sale auction online.As show in the screenshot above. Why people bid at 300% price of the assessed value for liens?According to the county's rule, the 300% of assess ...
I own a first trust deed that I paid very little for-under $15,000. It is a duplex renting out at $800/month and has a zillow value of just under $50,000 in Cleveland, OH. Recently in doing some research, I noticed ...
Hello,I recently purchased a tax lien certificate in Alabama (property was sold at the 2015 tax sale). The property does include a house. I had a few questions about my rights as a lien holder. I have been reading/...
Hello, My first time posting here. I have taken the leap to purchase tax liens in the state of Georgia. how is the interest calculated before serving the owner? Thanks
I purchased the taxes for a certificate on a lot across the street with a burned non repairable house trailer on it. If I pay to have the mess cleaned up, will the owner have to repay me if she decides a year down th...