I have a formula for you that will answer your question. Steve Bright's Comments + Don Tepper's Comments = YOUR ANSWER! They are ON POINT!
Unless you are buying the home for investment purposes, heed the advice of these two professionals. If you are investing, get some professional assistance that is LICENSED to sell real estate in your target area. They should be able to help guide you around the pitfalls and trap doors!
David A. Patterson, Broker CRS
Russell & Jeffcoat Realtors, Inc.
5219 N. Trenholm Road
Columbia, SC 29206
Visit My Blog - Your Comments are Welcomed
Great service begins with a clear purpose!
However, you'll find relatively few bargains. Often there's a redemption period, and the owners will redeem the properties. Or the properties (or pieces of land) are worth almost nothing. I've seen landlocked and flood plain land on such lists. So it's not the gold mine the TV ads make it out to be. Still, give it a shot.