Buying From Owners With Expired Taxes – How To Get It For $200 Or Less

If you’ve found that investing in tax sales is a no-brainer, you’re one step ahead of the crowd. The competition, the inability to assess the property, the large initial investment and the inevitable disappointment of seeing the tax lien make investing in the tax market a poor way to acquire tax property. Buying from owners with delinquent taxes, on the other hand, is a cash cow. Here’s how you can get it for $200 or less in 3 easy steps. 1. Wait about 9 months after the tax sale to contact the owners. Here you can check who hasn’t made a purchase yet. These people will not be able to do it in time and they will sell. Desperate sellers are what you need.

Also, in the meantime, all the struggling loan companies will have to buy. Therefore, many of these will also be free and transparent.

 

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2. See what the owner’s plan is. If they have decided to move on, so much the better. Give them money for the time they sign their papers – tell them you want to see if you can use it for anything before the tax sale. It’s a great way to get an event for $200 or less… find owners who do not touch again.

If they still want to sell, give them $200 for their work and negotiate with them a share of whatever you sell the property for. Or you can rent the property from them or enter into a similar agreement.

3. Pay taxes. Pay the taxes, register the deed in your name and the property is yours. 4. Or return property before paying taxes. If you don’t have money or don’t want to pay taxes, pay the price of the house so low that you will still get a good profit and attract a buyer (even another investor) in a short period of time. You can walk away without technically “owning” the property (the deed is not registered in your name) and let your buyer pay the taxes themselves. There is no other surefire way to get property for less, but if you are a beginner investor without a lot of money, this would be the best way to get your feet wet. and earn money. This method works, and you will find that if you try, you can get your real estate and business from the ground faster than trying to rehab or tax sales to apply money.

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