Purchase Property through Tax lien
My deal:
"The owner of a 4/1 home is 2 years behind on his property tax and can't afford to pay it. I offered to write up a contract where I will pay the taxes owed and set up a payment plan with the owner. If he is in default of the agreed upon terms, then I will gain title to his property."
What is the best way to structure this deal? What documents are required to finalize this deal?
Most Popular Reply
So are you just loaning him the money for his taxes? If not must county's have already sold the tax certificate after he was late after the first year. I would check with the county to get the full details before signing on the property.