Show Posts
1
General / tax sale instructions required?
« on: April 06, 2010, 11:32:22 PM »
Hey folks,
I'm new to this and had a few questions regarding tax sales. I have looked through the forums and haven't really found any answers to my questions. I would really appreciate if someone could explain this to me.
1. If you were to win a bid, would you assume the mortgage and other liens that the property has?
2. Can you approach the property owner and offer to buy his house by paying his taxes off and maybe giving him additional cash to avoid a bidding war at the auctions?
I'm new to this and had a few questions regarding tax sales. I have looked through the forums and haven't really found any answers to my questions. I would really appreciate if someone could explain this to me.
1. If you were to win a bid, would you assume the mortgage and other liens that the property has?
2. Can you approach the property owner and offer to buy his house by paying his taxes off and maybe giving him additional cash to avoid a bidding war at the auctions?