Skip to main content

TOTB -Consider tax sales to get a foot in the door.

Skimming Govdeals for the 1st time in forever & saw they have over 1900 listings for tax sale properties in CO, PA, OH, MD & others; the majority of these are undeveloped land. I've bought several through Govdeals, it's as easy as going through a county sale.

Now, I know undeveloped land doesn't make you think 'Yeah, that's a roof over my family's head'; but I've sold 4 undeveloped Tax Sale lots in SC over the years & realized nice profits that went toward paying off my Primary Residence.

They're not always a steal & like any real estate purchase you must do your research on the county websites plus the retail side of it to confirm demand.

I see posts here almost every day from folks who don't know how they're going to break in to real estate & they really feel it's their only chance to create generational wealth; this can be a way to start & build up.

As the old chestnut goes, 'They're not making more land!'. They are, of course, but not on a large enough scale to make things easier for anyone who's not already rich. Or Dutch.

submitted by /u/Havin_A_Holler
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/15w3tk9/totb_consider_tax_sales_to_get_a_foot_in_the_door/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more

Making offers on houses not listed for sale.

I want to buy a home for retirement. I am looking at lots of options, mostly focusing on the locations that appeal to me. I see lots of Zillow estimates of homes that look like great deals to me. Are these estimates accurate, even though similar houses in the same area that are for sale are usually priced much higher? If so, is it realistic for me to try to make offers to owners that do not have their homes listed? Would a realtor even consider helping me do this? Or, do these values indicate that the houses listed for sale are overpriced, and I should just lowball until someone accepts? Are houses today tending to sell far below list prices, or ??? submitted by /u/chewybrian [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1o4mcon/making_offers_on_houses_not_listed_for_sale/
Post a Comment
Read more