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Updated 8 months ago on . Most recent reply

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Kaleb Shobe
  • Contractor
  • Mahomet, IL
2
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Buying a Abandoned/Vacant That Property Taxes Have Been Sold

Kaleb Shobe
  • Contractor
  • Mahomet, IL
Posted

I’m new to real estate purchases and only have 2 properties that currently own. There’s a vacant land/home that I am currently eyeing. The owner died in 2020 from what records I can find. Researching the property on county property tax inquiry website it says the “Property Taxes Sold” for 2020-2023. I am able to find the investment company (I assume) that purchased the taxes and found their contact in for. How would I go about acquiring this property? Any help would be appreciated! I’ve talked with a few local realtors who haven’t been super helpful. Central Illinois. 

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,445
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12,641
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Try and contact the family.

See if there was a probate started.

You could offer to pay to pay back taxes and redeem property for family so person who bought lien doesn't end up with property.

  • John Underwood
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