Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
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

All Forum Posts by: Raquel Baranow

Raquel Baranow has started 12 posts and replied 106 times.

thanks, yes, it's a deed of trust, seller carryback (I'm the seller/beneficiary), buyer died (actually he was killed). it's in pima county AZ. there is not going to be any executor or probate. the niece of the deceased abandoned the property to me. the buyer owes $21k. the property is a mess (lots of junk and a mobile home), I'll probably be lucky to get $25k as is. Dirt alone is probably worth $25k. I'm going out to look at it tomorrow, it's about 30-miles away. :(

The relatives want to abandon the property to me, do I need to foreclose the Deed of Trust or will recording death certificate be enough? There will be no probate or will. This property is not worth very much ($30,000 and buyer still owes $22k so relatives don't want the trouble of cleaning it up to sell etc. (I live in Arizona if that matters.)

Post: New member from Southern Arizona

Raquel BaranowPosted
  • Tucson, AZ
  • Posts 116
  • Votes 22

hi gloria, i'm in tucson too and i specialize in vacant lots (I own a bunch of 'em for sale) and tax liens

i doubt section 8 rules would allow you to do that, in fact, i think they had to include utilities in the rent too and there is a maximum the government will pay for an house/apartment based on number of BR. (Maximum amount varies by state/city, etc.)

sounds pretty good to me. do you use a mailing service that checks addresses? if so you may be missing the ones where there is no good address. if the letter comes back to you "addressee unknown" you should work to find the owner and see if the house is abandoned.

i do all my tax lien foreclosures in Arizona (i'm not a lawyer) . . . check out your state laws. it's pretty simple to do. I'm pretty sure you will have to name the county treasurer as a defendant, i went to the courthouse and found a quiet title tax lien foreclosure lawsuit, copied the documents and used those as my forms, at the courthouse look up court cases against the treasurer.

The person with the 2010 lien can foreclose when the taxes are 5-years old. The subsequent lien purchaser can pay-off the prior lien and then get ownership through foreclosure. You can contact the lienholders and offer to purchase the lien, it's called an "assignment of the lien." You will likely have to pay a premium for the lien, like $500 plus any interest they earned.

I heard the feds may contact a landlord and say MJ is being grown in your house . . . if you don't stop them immediately, they could take your house.

If they're dealing drugs and you know it, you can get into trouble.

I warn my tenants in the lease to report water leaks . . . at the rental property even a garden hose set to soak can be heard. One time the toilet was leaking into the tank and I was astonished at how stupid the tenants were (one of them was on Dean's List at University) . . . didn't know about it until I got the water bill.

tax liens can be assigned, not sure when IL liens can be foreclosed. in AZ the taxes have to be 5-years delinquent before foreclosing.

Post: 2013 Northern Arizona Tax Lien results

Raquel BaranowPosted
  • Tucson, AZ
  • Posts 116
  • Votes 22

There's a way to see who purchased liens in Pima County AZ (where Tucson is) but you have to buy a $50 CD (compact disk). I don't have the newest disk but I have the disk from January 2012 which tells who bought what in the years before and at how much interest.

1 2 3 4 5 6 7 8 9 10