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Updated almost 2 years ago on . Most recent reply

Sam Tright's profile image
Sam Tright's profile image
Sam Tright
  • Member since Jan 1, 2022
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Sam Tright's profile image
Sam Tright's profile image
Sam Tright
  • Member since Jan 1, 2022
Connect
Sam Tright
8
Votes |
53
Posts
Tax Liens & Mortgage Notes

How much to bid on Post 3rd sale liens?

Sam Tright
Posted

Saint Louis MO has a large list of Post 3rd sales. A local lawyer did a video on the process and mentioned a good starting bid is the full amount of taxes owed, but not interest and penalties.

Do you guys agree with this? I would of course like to bid at an even lower amount, for a partial payoff. These are Post 3rds after all. On the other hand maybe they have a floor amount to consider.

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