How Do You Buy Property Sold For Deliquent Taxes?
Buying public seized properties can be a great investment for the average investor. There are several warning signs a novice investor should look into before buying these type of properties. If you want to know the warning signs, and signs of a good deal, stay tuned Step 1 jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/GlobalPhoto/Articles/4668386/realesate2_Full.jpg’); }); Sometimes the back taxes owed on these properties can exceed the value of the property itself so do your research. You also need to look into zoning restrictions as well. Some zoning restrictions may restrict development Step 2 jQuery(document).ready(function(){ jQuery(‘#jsArticleStep2 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/GlobalPhoto/Articles/4668386/realestate3_Full.jpg’); }); Even if you won the deal of the century, the previous owner can still pay the back taxes owed and regain rights to his home and cause the title to be
