Monday, September 27, 2010

Homes without paying property taxes - a unique investment opportunity

If you have already invested in pre-foreclosure homes with little success, you can program to make your game and invest in residential property taxes not paid at the time of search. Why? One simple reason: rarely, if ever, hit by a mortgage.

Houses with unpaid property taxes are all tax beyond a certain number of things in common.

First, have the option of "saved" by the mortgage banks had. Usually, when a houseunpaid taxes and property are in danger of being sold at a tax sale is to get the mortgage company and pay taxes to maintain equity in the property. More often than not, including payments for mortgage, property taxes, so that the property taxes of the house indefinitely delayed.

Second, the fees have been paid for some time. Even if no code of State for the duration of a property with taxes before they are sold at the sale tax to do, which often go much longer withdiscretion of the county (sheriff, clerk, commissioner of taxes, etc.). After the fees are not paid on the amount of time that we can not guess the owner is willing to pay or do not have money, or simply do not know the property will be auctioned. (Sometimes not even aware that they are the property of his family!)

Finally, the most important thing they have in common is that they are a profitable investment opportunities. During the construction of thisSales tax is not always a good way to reach an agreement in homes without paying property taxes, you will receive competition from other bidders, which can often get these properties directly in your arms or without the owners interest in token amounts. The key is in contact with them shortly before the property is lost forever if you have nothing to sell, you lose.

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