Get your free video here

Thursday, 4 December 2014

Tax Sale List Information Guide.

If you plan to attend and purchase properties from tax deed and tax lien sales, you need to acquire a list of tax sale properties. It is one of the most important things that you need before doing anything.
These lists are mostly available 3 - 4 weeks before the scheduled auction date which will also be posted in the local newspaper. You can get them from the municipality or county office for free or with charge. They are also available on the county's official website, either from the treasurer's or tax collector's department. The necessary information such as how to register for the tax sale, date and time, venue, and most importantly the terms of sale which you need to learn, to be able to understand the tax sale processes.
You must be aware though that some counties do not provide much information on the tax sale list, like the address of the properties. However, some information is usually provided such as the annual taxes, amount owed, recorded owner and tax map or parcel number. You can make use of these by doing a search on the county GIS site or Real Property Parcel Search which provides additional details on each property. To broaden the information search on properties, you could make use of other online sources such as Zillow.com, Trulia.com for updated assessment of the property and Google Earth to check the real time image of the property if you don't have the time to visit the property personally. This will definitely help doing due diligence prior to the sale.
Another way to acquire needed information on each property is to purchase a tax sale list from a list provider. This would help when it is too late to do proper due diligence for the sale. A good option but it would be another cost. They are important also in your goals for they can provide the property classification, mortgage data, and other pertinent information that you can make use of. It also helps to acquire their services because they can assist you in your property investment plans.
However, if you have the luxury of time to do your own research, then it would be much better since you will also be learning along the way. As well as understanding all the processes that is involved in it.
Learn more about tax deed and tax lien investing at http://bit.ly/14x4th9, this might help you learn more about property investments.

About the Author

Dan Gillespie is a real estate professional who invests nationally in everything from single family homes to land to commercial properties. An owner of Dan Real Estate Depot http://www.danrealestatedepot.com

No comments:

Post a Comment