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Updated about 7 years ago on . Most recent reply

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163
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Michael Glaser
  • Investor
  • Venice, CA
49
Votes |
163
Posts

County Tax Sales: How To Speak With Owners

Michael Glaser
  • Investor
  • Venice, CA
Posted

I've noticed that a tax sale in a particular county I invest in has hundreds of properties listed on the county site. Weeks before this number starts to drop. The week of only a fraction of these homes are still on the list. 

I attribute this to a couple of things, but I could be wrong:

1. People pay their bills

2. Investors scrub the lists, make contact with the owners and make a play to purchase the property before the tax sale.

If the 2nd is true, does anyone have a success rate or strategy they like for acquiring these delinquent property owners? (I'm looking at you @Ethan Summers )

Most Popular Reply

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43,485
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64,222
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
64,222
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43,485
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

number 1 is what is done 99% of the time

number 2 is  1%

number 3 is lender steps up and pays tax's before the property is lost and adds it to the mortgage

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JLH Capital Partners

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