Wholesalers: Property Tax sales auction

Wholesalers: Property Tax sales auction

Member since 2017 · 2 posts · 0 votes

I got a property that the ARV 117k, however the owner owes 42k in taxes.How do you handle properties that's in tax sale auction? It's scheduled for auction next month. Does it matter if the sheriff is handling the all information on the property? I'm new to wholesaling!

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  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    8y

    @Brittney Williams welcome to BP.

    If someone is behind on the taxes they just get paid at settlement. If you know it is going to go to tax sale then you need to settle in time to pay the taxes.

  • Member since 2017 · 2 posts · 0 votes
    8y

    Thank you!

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