How Do You Buy A Home For Back Taxes?
So you’ve heard here and there that buying tax delinquent property is “loophole” sort of way to get a property for almost no money down and for a ridiculously cheap price. You haven’t been misled- there are amazing deals out there to be had, if you know how to find them. Here’s how to buy a home for back taxes. First of all, if you’re thinking you’ll pay a few thousand dollars to buy a nice property at the tax sale, keep dreaming. The market for tax foreclosure property is becoming more and more crowded every day. You can be fairly certain that any desirable parcel of real estate that’s being sold for back taxes will have many interested bidders… this is most definitely not how to buy a home for back taxes. This doesn’t mean that you can’t profit off of tax delinquent property- you most certainly can. It is simply unlikely you’ll do it at tax sale because of that direct competition with large investing companies. Hey– don’t feel bad about this. While it’s a bit more work to go aroun
