Ontario Tax Sale Property Forum

Tax Sale Forum => General => Topic started by: forcantel on December 22, 2020, 05:34:43 PM

Title: Pre Tax Sales
Post by: forcantel on December 22, 2020, 05:34:43 PM
I'm new to tax sales, but I have experience with rentals and other real estate.  My question is regarding contacting the registered owners of the property that is scheduled to go up for tax sale and entering into an agreement with the owner to purchase the property and pay off the tax lien prior to closing.  Has anyone done this, is this common, are there any pitfalls, drawbacks, legal issues in doing this maneuver?  Has anyone had success doing this?  Thank you all for your responses in advance.  
Title: Re: Pre Tax Sales
Post by: mountainman on December 22, 2020, 06:26:38 PM
I'm new to tax sales, but I have experience with rentals and other real estate.  My question is regarding contacting the registered owners of the property that is scheduled to go up for tax sale and entering into an agreement with the owner to purchase the property and pay off the tax lien prior to closing.  Has anyone done this, is this common, are there any pitfalls, drawbacks, legal issues in doing this maneuver?  Has anyone had success doing this?  Thank you all for your responses in advance.  

I am Mountainman

RUN

this will be fun,

Ahem

Pfm?

For I am Mountainman

Title: Re: Pre Tax Sales
Post by: Pfm1011 on December 27, 2020, 10:26:56 PM
I'm biting my tongue .....

Title: Re: Pre Tax Sales
Post by: forcantel on January 03, 2021, 05:16:41 PM
please feel free to stop biting...  ;D