I want to buy property deeds with back taxes… how can I get it without going to the tax sale?
First of all, you’re right to avoid tax sale. It’s hard to buy property deeds with back taxes for a bargain there anymore… too much competition. Also, if you do win the bidding, you’ll have to pay the entire thing in cash, and then wait at least a year to foreclose.
Here’s the quickest and easiest way to buy property deeds with back taxes for $200 or less, outside the sale.
Nine months after tax sale is when you’ll get started. Most property with liens and mortgages has been paid off by now. The remaining owners probably aren’t planning to pay the taxes, for whatever reason. This is the best time to buy these properties.
Locate the owners. This information can usually be found fairly easily on the web. You can then contact them via email, letter, or phone. (Phone usually works best.)
Ask the owners if they’d mind signing their deed over to you. Pay them $200 for their time to sign the paperwork. Because these owners see the property as a problem, you’ll be pleasantly surprised how often they are glad to just be rid of it. That’s it, friend – this is how to buy property deeds with back taxes outside the auction, easily, for $200. That simple.
Decide whether to sell or keep the property. Keep the property as a rental, or sell it later for retail, if you can afford to pay the taxes now. Or you can sell to another investor for a rock-bottom price and still walk away with thousands in profit.
Use this technique to buy property deeds with back taxes – a lot of property deeds! – inexpensively. Now is the time to get involved, before the foreclosure rates drop back down again. There are a lot of properties out there waiting to be bought!
By Robert Holiday