Can I get lending on a home that went thru a tax deed?

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Can I get lending on a home that went thru a tax deed?

Mike GanskePro Member
Rental Property Investor · Collinsville, IL · Member since 2018 · 17 posts · 2 votes

I just found out that a property I purchased and am almost completed the rehab on, went thru a tax deed prior to my purchase.  Is it still possible to get lending on this and if so what kind?

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  • Caroline Gerardo
    Lender · Washington DC · Member since 2015 · 2k+ posts · 2k+ votes
    5y

    Tell me you paid for title insurance and it's clear

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  • Belinda Hunt
    Investor · Pooler, GA · Member since 2015 · 26 posts · 9 votes
    5y

    The best way to address properties acquired by tax deed to by quiet title action. Sorry, but it usually takes a couple of months and a couple grand. It is a court action requiring a lawyer. The end result is a court order declaring the property yours. Google Quiet title attorneys in Illinois to find someone who specializes the state of the property.

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