Being in the So Cal property management biz means that at least once a day, you ... placing them on the back of the loan, reducing the balance owed, etc. These changes can be permanent or ...
-By Zoe Zorka, Buildzoom.comImagine buying a house for less than the cost of a n ... Authority. Their website allows users to view available properties and see how much is owed in back taxes ...
Bill McMachen Buys Every Single Tax-Foreclosed Home In Macomb County, Michigan T ... paying all back taxes owed, an average of $7,500 per property, according to the Detroit Free Press. "By ...
With tax season approaching, I was curious to see what tax keywords people were ... property tax ratedo i have to pay back my 7500 tax creditpropery taxhow can I find out if house taxes are ...
Points? You need to do a lot of research on buying at a trustee sale at the courthouse to do it safely. It can be very risky!! You need cash, no loans and that is where points are involved. You will usually find the bank that has the loan will make an opening bid of what is owed or close to it, often no one bids more since the house is probably not worth what was owed. You need to know if there are 2nd trusts, liens, etc because if you win you will be buying these as well. The pros do a title search ahead of bidding to know. Often you get to the auction only to find out it was canceled or postponed. Often there can be 2 or more auctions going on at the same time too. It is not a place to learn on the job, good luck.
Have you considered going down to the County Tax Office and asking them for help?
I have never heard of a Tax Assessors Office that WANTED to take someone's home!
They probably will work out a payment plan; but you have to ASK.... more
Most of the homes put up for auction are distressed homes. Most will not qualify for any financing means. Investor will pick them up and renovate them allowing the property to be fanciable again.... more
Your story or question makes no sense to me. If it's your property why do you have to buy it back? If the mortg is in your name why buy it back? It sounds like you own it already. Selling you your property makes no sense. There must be something you are leaving out.... more
when you purchase a foreclosed property, you will receive a clear title for the property.
The process of getting to that point may result in you paying additional costs above and beyond the purchase price. If you are unfamiliar with purchasing foreclosed real estate it is unlikely you will know with fees you can refuse to pay and which one will sink your deal of you blink.
The situation changes with the situation of the property and the bank or investor that owns the property. This would be a great time to contact a Detorit real estate professional.... more