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Updated almost 5 years ago on . Most recent reply

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Kamaldeen Fagbayi
  • Rental Property Investor
  • Baltimore, MD
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Tax lien purchase

Kamaldeen Fagbayi
  • Rental Property Investor
  • Baltimore, MD
Posted

Statement of lien posted on someone’s door. House has been vacant. If I get a hold of the owner (who’s name and addy are on the paper) would I be able to acquire this property from them buy paying those taxes... if they don’t want the house?

IM ALL EARS. THANKS

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John Underwood
#3 All Forums Contributor
  • Investor
  • Greer, SC
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John Underwood
#3 All Forums Contributor
  • Investor
  • Greer, SC
Replied

You could get them to sign over the property to you and pay them for their time or as little as you can. I just use a Quit Claim deed. Then go pay the back taxes as the new owner. 

Check and make sure there are no other liens or mortgages first. You may want to order a title report to know for sure.

  • John Underwood
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