All Forum Posts by: Eric Reimer

@Marty Boardman

Apologies for my ignorance I still am learning the proper terms. Distressed properties is a more accurate term. The properties I am looking at are deceased owners with no deed transfer to a living heir. These properties are stuck in limbo and blow up on taxes until the county steps in. At least that's my limited experience from these types of properties in this area. I simply wish to get to these properties before they become too broken and before the county begins looking into the non payment of taxes too deeply.

@Bill Brandt

I am looking at distressed properties that are about to fall into the foreclosure process. I will certainly pay attention to any extra leins or mortgages hidden inside any property, thank you!

Please pick apart my incredibly amateur strategy! I am planning on starting an aggressive strategy of researching all the properties with unpaid taxes that are on the verge of falling into the foreclosure process and offering to pay the taxes along with some cash in hand to the seller. What should I be looking out for when making an offer on this type of property? Anything specific red flags? Also, what would be a good negotiation foothold for me to make this sound like an appealing offer to the seller? Any and all help is greatly appreciated!