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Updated over 7 years ago on . Most recent reply

User Stats

178
Posts
75
Votes
Wilson Lee
  • Birmingham, AL
75
Votes |
178
Posts

Help with Tax Deeds.

Wilson Lee
  • Birmingham, AL
Posted

A friend of a friend is a tax deed investor. He has 2 houses for sale. 35K each, with ARV's of 100K. One has 2 years left, the other has 9 months left, before he can seek a quite title.

We are current buying with a local bank.  I don't think they will want to fund this deal with out quite title.   Is there any kind of bond I can buy that will help me get financed?  Like  forecloses where we can get a bond against right of redemption.

What is a solid source of information so I can go into this with my eyes open.  I don't think the seller would rip me off, But I could not sleep at night if I did not understand the ins and outs of this. 

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