Rental Property Investor · Lubbock TX · Member since 2020 · 31 posts · 17 votes
There is a house that was just brought to my attention by a coworker where the owner had died and it has now been vacant for 3 years. I’ve looked and taxes are owed for these years. I know the county eventually holds tax sales, but is there another way to approach buying a property like this? I’m not exactly sure where to start. I’m guessing the property was owned free and clear, but maybe Covid has delayed a foreclosure?
I was told he lived there over 25 years, never had any company/family visit. Never married, no known children. But I have not looked for heirs myself. I was asked about it because the neighbors have been taking turns maintaining the front yard and are tired of it. They want a new neighbor and the house is starting to deteriorate and look vacant even though they’ve been mowing.