realestate sales taxes?
I want to buy realestate by paying the taxes on the property
That would probably be a highly unlikely scenario. If the government foreclosed on a property due to the property taxes being unpaid, then it would be put on the market for what it was worth, or perhaps a bit less….not for just the amount of the taxes. Besides, the property taxes would probably be substantial, and the property wouldn’t be kept up….after all, if the owner didn’t have the money to pay the taxes, therefore they probably didn’t have money to keep up the property.
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November 30th, 2009 at 1:11 pm
That would probably be a highly unlikely scenario. If the government foreclosed on a property due to the property taxes being unpaid, then it would be put on the market for what it was worth, or perhaps a bit less….not for just the amount of the taxes. Besides, the property taxes would probably be substantial, and the property wouldn’t be kept up….after all, if the owner didn’t have the money to pay the taxes, therefore they probably didn’t have money to keep up the property.
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November 30th, 2009 at 1:30 pm
You will have a lot of competition, but if you’re successful, you willl earn a decent return on your investment or acquire the property. In some cases, you may not want the property and will be buying yourself a headache. It is best to work with an attorney or someone knowledgeable in title searches.
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