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Tax Delinquent Property: How To Start With $200 In Your Wallet And Buy Property

Regardless of your age, occupation, or educational background, if you want to make money in real estate, you can. It doesn’t take a fortune to invest in real estate if you’re looking for the right property at the right time. (Even if you have a lot of money, you should use these techniques!) This “secret” property is delinquent tax property, but the real secret is how to get it off auction for $200 or less.

Isn’t the easiest way to get tax delinquent property to simply bid at an auction? No no no. You will never, ever get a tax delinquent property at a tax sale for a few hundred dollars. Your competition will make sure of that. Not only that, but you can’t inspect the property or finance it – you have to pay for your purchase right away, without your seeing it. It doesn’t matter; Owners pay the taxes during the redemption period most of the time, anyway.

Guess what? It doesn’t really matter, because otherwise you’ll get delinquent tax property for less money. The redemption period is the best time to buy, specifically, the last two months, directly from the owners themselves. Most homeowners who have not redeemed are homeowners who no longer want the property. This is the best source for cheap and easy delinquent property tax.

You will often find that these owners live all over the country, and that this is a second home, or an inherited home, that they just don’t want to deal with anymore. Be bold and ask them if they would sign over the deed to you, since they are leaving the property anyway. Offer to pay them for their time, for signing the paperwork. You can sell the delinquent tax property immediately or redeem the taxes and keep it. Either way, you benefit.

Use this method and you’ll have your first $200 of delinquent tax property in no time. Don’t make excuses to keep putting it off… start today. With the mind-boggling number of foreclosures out there right now, you’re pretty much guaranteed success.

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