Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

18
Posts
6
Votes
Spencer Breeden
  • Melbourne
6
Votes |
18
Posts

How to sell tax deed vacant land

Spencer Breeden
  • Melbourne
Posted

I've been watching my local tax deed online auction for 2 months now, they do 1 auction a month. And the prices for vacant land seems to be great, about half of what lots are going for via MLS. My question is, how do you sell a lot that you have a tax deed for? I've read about quiet title action and if that's the case most of the money is gone. Buy a tax deed lot for 5k, put 3k into quiet title and sell it for 10k, yes thats 25% ROI but thats a hassle to do on a large scale. In my area... builders are buying up lots in a hurry. Does anyone have any experience with builders willing to purchase the tax deed and do the quiet title on their own? that would be ideal I think.

Most Popular Reply

User Stats

23,418
Posts
13,510
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

@Joe Mclain Okay, cut and dried....Florida statutes require either the QT process, or simply waiting four years for no one to challenge it,,,,,period.  You can verify with a local RE attorney.  You can google up the statute.

Loading replies...