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Questions and Answers / newbie

« on: August 11, 2005, 11:18:24 PM »

After browsing the paper today I found an upcoming tax sale auction.  Noticing a property that was close by I drove by and checked it out and looked around being the place was deserted.  Pretty nice property probably could go for 150k - 180k...  Tax amount owed was about 4500...  Would like to pay a considerably low amount but could pay up to 50-80k.  Do many people go and bid on these or do a lot go unsold? Do they go pretty quick?  Any help and advice would be most appreciated.

Thanks