There is a huge parcel of land 110 acre 650K comp pacre parcel going up for auction due to taxes.I pulled the records and discovered the parcel has about 300k in IRS liens and 2k in state liens. I know the IRS has a c...
So once upon a time it was actually possible to get 0 down loans for long term rental investing on new construction. Essentially using the project itself as collateral. I understand it’s pretty much impossible with t...
I am preparing to dip my toe into tax lien auctions in Baltimore City this May. I am logging potential properties I am interested in BUT I am confused as to the bid itself and the actual high bid premium1) When I subm...
Is my understanding correct that if you over bid the tax lien amount at a tax sale and the owner redeems, then you could potentially lose a lot of money? lets say the lien is 1000 and you spend 5k on it. If the owner ...
Investors can only bid on properties once a property has moved to the extended period listing. Below is an example from HUD homestore to make sure I have a good understanding of how this works.
1. Example property...
Hello everybody. I am considering putting an offer in on a HUD home in the Houston area. It's a 4 bedroom 2 bath, about 2500 square feet with a pool and spa. Really nice home. It's been inspected by HUD and everything...
I like the fact that Arizona is an interest rate bid down state. However, in my experience, as soon as the deadbeat owners of the worthwhile houses receives the 30 day notice of intent to foreclose, they redeem their ...
Can someone comment on why municipalities charge a high bid premium on winning tax lien bids, and what happens to these funds since they don't incur interest. For example, I see a MD county charging a 20% premium ...
Auctions!! Are there still potential liens when buying at a auction??? If so, what is legal procedure to clear the liens??
I am new at this and was hoping to buy some tax liens here in Miami, Florida. I think I found the correct list for last year's liens sold. The problem is that almost all the bids won were at 0.25%. This is really not ...