Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

23
Posts
3
Votes
Christopher Blake
  • st. louis, MO
3
Votes |
23
Posts

Tax lien home first home

Christopher Blake
  • st. louis, MO
Posted
Hi I have a question for the gurus out there. I'm interested in purchasing a home from my local county tax lien sale. Is it possible to use my first time home buying program loan to fix up/renovate that property. Also can I use the loan to even purchase the tax lien home thanks gurus and I look forward to your replies.

Most Popular Reply

User Stats

110
Posts
251
Votes
Adam Adams
  • Investor
  • Small Town, TX
251
Votes |
110
Posts
Adam Adams
  • Investor
  • Small Town, TX
Replied

@Christopher Blake

I can't answer your question, but I have something to say about St Louis tax sales. I am assuming you are from St Louis. The city does not have a redemption period. The county has a 1 year redemption period, unless it was the 3rd sale. 3rd sales do not have a redemption period.

So if you are buying from the county and it isn't the 3rd sale, then you need to be aware of the rights of the previous owner. If you fix it up, they can legally come back and get it.

Loading replies...