I was wondering if someone could help answer a few questions.
I just started looking into city tax sale tenders in my area and was wondering if anyone has ever purchased a property that was still occupied?
If so how did you handle it?
Any information would be great.
@David Pollard I have never heard the term "Tax Sale Tenders" Can you tell us what you are speaking about?
A tax sale tender is where the property is being sold by the city for back taxes.
What they did was list all the properties that are eligible to sale due to delinquent property taxes.
You have till a set day and time to submit a price equal to or higher than what is owed. This is done in a city form and in a sealed envelope with the proper information labelled on it. After the set time, no other tenders will be accepted.
@David Pollard I have purchased hundreds of tax liens that are occupied. If you foreclose on the property or take it via tax deed you still have to go through the legal process to get the occupants out.
Thank you all for the information.
The tax liens ended up getting redeemed.