Anyone Familiar With Los Angeles County Tax Sales and Auctions?
Any agents or investors in the LA county area familiar with LA County's tax sale procedure? I met an investor in Orange County who goes straight to the courthouse steps, making it seem like a pretty straightforward process. I'm assuming LA county is much larger and more populous county and therefore more confusing.
I've used a third party site that indicates there are many tax sales/auctions (is there a difference) happening at several different locations throughout the county; anyone know how to consolidate this disparate locations through a single service (website? auction house?)
Speaking of which, anyone having any luck using Zillow's pre-forclosure stats? I never really trust anything on Zillow since it's a pay to play service, but let me know if you differ.
Finally, anyone know if it's possible to pull a property out of the auction procedures by working with the owner to buy/list their property?
Thanks!
@Ramon MartinezGreat to hear you are ready to tango with the LA courthouse steps, there are some heavy hitters that buy down there. I attempted to research properties, mainly in the IE, Riverside area, but the property descriptions were difficult to discern, w/o the background and no experienced person to reference, I didn't pursue it further.
Keep us posted on how it turns out.
Did either of you crack the code? I'm trying to figure all of this out now. Just reading books so far. Going to a REI meeting on Thursday to try and rub elbows with people who know how to buy at auction.
