Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
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

User Stats

29
Posts
3
Votes
Redha Laafia
  • Rental Property Investor
  • Fort Lauderdale, FL
3
Votes |
29
Posts

Redeem house after tax sale

Redha Laafia
  • Rental Property Investor
  • Fort Lauderdale, FL
Posted

Hello Guys,

We have the opportunity to help a person we know redeem its parents house that they lost at tax sale to an investor 8 months ago.

Attorneys seem to say there is a way to file a petition at the courthouse, pay the delinquent taxes and get the title back. In exchange for paying back the taxes, my partner and I would gain 60% equity of the house and resell it (free and clear). We are looking at making at least 50% on our money after resell.

Has anyone been through a redeem process like this one? Does this usually work?

FYI - house is in Pennsylvania

Thanks

Loading replies...