Are you letting fear hold you back from investing in real estate? Don't. Get educated, and take the leap. All you need to know to be successful investing in real estate is how to buy a home for back taxes, and when to purchase it. Tax property - the best property to buy - is often free and clear. Here's how to get it outside the tax sale, for as little as $300.
But first, understand why investing at tax sale is such a losing proposition - especially for beginners. You will never, ever get a property at tax sale for a few hundred dollars. Your competition will make sure of that. Want another reason? You can't inspect the property first, and have to pay for your bid up front - without ever seeing the property. Here's the kicker: if you do win the bidding, and pay the money, the owner will probably pay off the taxes before you get the property anyway. This is why it's important to know how to buy a home for back taxes outside the auction.
This is all irrelevant to you, because you're not going to buy from tax sale. The owners of the tax properties are who you'll be going after, but only at the very end of the redemption period. This late in the game, those who still haven't paid their taxes probably aren't planning to, and are letting the property go.
Getting these properties for a song won't be difficult. Amongst these owners you'll find heirs, landlords, and owners of investment properties. All have one thing in common - they don't want the property anymore. Be bold, and just ask them if they'd sign the deed over to you - since they're letting the property go anyway. Even offer them $200 for the time they have to spend dealing with the paperwork. If you want to, you can pay the taxes and keep the property; otherwise, a realtor can help you price it for a quick sale - and you walk away with thousands in your pocket.
This tax property investment method is hands-down the best. Has there ever been a better time to get started? Don't put it off another day, learn how to buy a home for back taxes today.
There's an even bigger secret - generally, when a property is bought at auction for more than the taxes, the extra amount belongs to the owners. But sadly, the owners (who really need it!) are often unaware of this law. The owners rarely figure it out, since they don't live at the property anymore and, thus, don't receive notice from the government that they have the money waiting for them. Unfortunately for the owner, if they don't collect the money in time, they'll lose it - permanently.
But since this money is held outside the state level, the funds aren't subject to money finder laws (in most states). That means that you can charge 40-50% as a finder's fee for reconnecting these owners with their funds. And that can mean some major paydays for you, since real estate overages are often for a lot of money.
Foreclosure rates won't last - act now! Wondering what to say to claimants? For a limited time, learn the techniques for FREE in our
Tax Sale Overages training e-book. Interested in owning tax property? Visit
DeedGrabber.Org now to learn the "magic words" to say to owners to get their deed for $200 or less.
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