If you want to create a secure future for yourself, you’ll need to start investing in real estate, specifically by purchasing an investment home. If you know the secrets of what property to buy and how to get it, you’ll be way ahead of someone with ten times as much money as you. Use a few simple techniques and you shouldn’t have any trouble finding and buying it, i.e. tax sale property. Here’s how to buy a home with back taxes.
If you’ve been thinking that buying a tax sale investment home was a great idea, here’s why you’re dead wrong. There are no real bargains there, because of all the competition. Additionally, properties are being sold as is – and you can’t see them before you buy them. Sounds smart to you? And don’t forget: Owners have one year after the tax sale to redeem the property, and they usually do. If you want to buy a house because of back taxes, this is obviously not the way to do it.
But this is not bad news: there is a much easier and more profitable way to buy a property. Timing: When there are only a few months left in the redemption period. The sellers? The tax delinquent owners themselves. Those who can redeem, have, at this point. Those that remain have probably decided to just let it go. It will be very easy to buy a home for back taxes from these owners.
You will find that you are dealing with many heirs, who obtained property in a will that they do not want to keep. He doesn’t need to do much more than ask, and these people will sign the deed. Throw in $200 for your efforts. Then pay the back taxes and it’s yours! Or sell quickly and take your profit before the redemption period ends. Buying an investment home is that simple.
Use these techniques and you’ll be well on your way to the top. The number of foreclosures due to taxes is through the roof, so don’t wait to get started: Buying an investment home with taxes behind (and $200 for homeowners!) has never been easier. What are you waiting for?