Selling a tax deed property

[Mike Bell]

Good afternoon,

I am located in West Virginia, only my third year investing in tax liens I’m small scale compared to most folks and only purchase a few a year. I have received the deed to a property that I have a buyer interested in. What is the best way to go about selling it to the possible buyer ? I just received the deed and am aware that there is a period where the previous owners could potentially come back and claim improper notification etc.

This is my second property that has not been redeemed and I have received the deed to however the previous property I sold back to the original owners via quit claim deed. I don’t believe the possible buyer of the current lot I have would be willing to do it via quit claim deed.

Just trying to figure out the options to sell prior to going to meet with the potential buyer.

Thanks in advance for the help.

[Alecia Bolton]

You should first talk to a title company to see if you can get title insurance on a tax deed, in the event that whoever buys it wants a warranty deed rather than a QCD.  In WA, title companies won't deal with tax deeds unless you pay to have a service do title research and certify the title.  That company is called 'Tax Title Services' and certifying tax deeds is what they do.

Good luck!