Hey BP! I've been searching and trying to find a deal. I may have found my first deal by looking at tax liens. I don't really care to get into tax liens. So my question is, could I treat this tax lien property as an "off-market" deal and try to approach the owner with an offer? I wasn't sure if the lien on the property would make that illegal in some way. Thanks for any help and tips!
Yes absolutely. The owner should have the registered letter and it says exactly how much taxes are owed. You can also call the county and get the number from them.
We just bought a Mobile Home with land for $4,000 before the guy lost it.
I checked the title online for any encumbrances to verify it was clean. I typed up a deed had the owner sign it at a notary so It could be notarized, filed it with the Register of Deeds and paid off the back taxes. All just a fee days before the guy lost the property.
We are now going to be owner financing the property to the occupants with a land contract for 70k with 5k down. I've never even been inside the MH yet.
Yes absolutely. The owner should have the registered letter and it says exactly how much taxes are owed. You can also call the county and get the number from them.
We just bought a Mobile Home with land for $4,000 before the guy lost it.
I checked the title online for any encumbrances to verify it was clean. I typed up a deed had the owner sign it at a notary so It could be notarized, filed it with the Register of Deeds and paid off the back taxes. All just a fee days before the guy lost the property.
We are now going to be owner financing the property to the occupants with a land contract for 70k with 5k down. I've never even been inside the MH yet.
Thanks John! Just for clarification for my understanding, the purchase for the property was $4k, separate from the taxes owed?
Yes absolutely. The owner should have the registered letter and it says exactly how much taxes are owed. You can also call the county and get the number from them.
We just bought a Mobile Home with land for $4,000 before the guy lost it.
I checked the title online for any encumbrances to verify it was clean. I typed up a deed had the owner sign it at a notary so It could be notarized, filed it with the Register of Deeds and paid off the back taxes. All just a fee days before the guy lost the property.
We are now going to be owner financing the property to the occupants with a land contract for 70k with 5k down. I've never even been inside the MH yet.
Thanks John! Just for clarification for my understanding, the purchase for the property was $4k, separate from the taxes owed?
Yes absolutely. The owner should have the registered letter and it says exactly how much taxes are owed. You can also call the county and get the number from them.
Wow that’s awesome! Thanks for info.
We just bought a Mobile Home with land for $4,000 before the guy lost it.
I checked the title online for any encumbrances to verify it was clean. I typed up a deed had the owner sign it at a notary so It could be notarized, filed it with the Register of Deeds and paid off the back taxes. All just a fee days before the guy lost the property.
We are now going to be owner financing the property to the occupants with a land contract for 70k with 5k down. I've never even been inside the MH yet.
Thanks John! Just for clarification for my understanding, the purchase for the property was $4k, separate from the taxes owed?