Buying a delinquent property for my first house

3 Replies

Im looking to buy my first house (to live in) and was considering going after a property with delinquent taxes. Cold calling/ direct mail the owner and offering 30k or so more than they owe on the property. If I find the right one and the number work walk into a property with equity, renovate a little to build some more equity. Anyone who knows or has done this I would live to hear your input/ tips 

I'm just saying watch out for other liens. You may have to file quiet title action if a mortgage lien that shouldn't survive a tax sale, doesn't get removed as a matter of practice, and make sure you are buying a tax foreclosure and not a tax lien, that you would have to ultimately foreclose on if not paid.