What’s a big tax lien or deed question we can answer and help you with?

Eric Whelan: I got a tax lien list but this one is kinda confusing to read. Don’t wanna call the county and seem like an idiot so trying to see if someone can help me figure this one out? I can send you the list to see what I am looking at
William Enersen: Post for all of us to see. I am interested too
Wally Adams: Eric Whelan That’s what they do! Answer questions. Call them and make their day. I can’t tell you how many of those folks are bored off their butts!
David Tubesing: I never feel foolish trying to make 💰
Wally Adams: David Tubesing We’re twins!💰💵💰
Eric Whelan: I definitely want to make money. Gotta start with tax liens though but maybe I’ll get lucky and find a couple that have been delinquent for a bit and fat a deed fairly quick
Cory Stephen: Yeah! Post it!
David Tubesing: Wally Adams I have a twin, thank you though for offering to be mine
David Tubesing: Post it Eric Whelan.
Enriqueta Saldívar Saldívar: Is it ok to buy tax liens online from another state without traveling to go see the property first? I would drive from California to Arizona, for example, but no further.
David Tubesing: That’s up to the investor. It is a good idea an could prevent you from making a mistake, it’s not something I do…. I’m still new but none of them are close enough the lien is cheap that I can’t visit them first but will try to find someone in the area to drive by
Cory Stephen: Yeah we’re with David on this one. With tax Liens it CAN be alright, because there is usually less of an investment, but if you can, try to find a realtor or someone to check it out, take some photos and send to you. That’s what we do for out of state investment. or if you have friends of friends and pay em like $20/hour to drive properties and take photos or per mile.
Mohasin Dorty: Any deed only states!!!
David Tubesing: Are you asking a question?
Mohasin Dorty: Yes
David Tubesing: Mohasin Dortyhttp://lmgtfy.com/?q=Tax+deed+states
LMGTFY
lmgtfy.com
Mohasin Dorty: Thanks
David Tubesing: Mohasin Dorty happy to help.
Cory Stephen: David Tubesing Thanks 😉
Kasara Foster: Just found out the house I’ve been renting for 2 months is being foreclosed on. I’m still learning how to understand the paperwork. I live in a deed state n am confused by the type of sale section talking about a lien and just everything in general. Would the debt against this property be cleared if I found a way to purchase it at auction? I don’t really like the house lol but I’m so tired of being homeless n living in our van! If they don’t redeem, n I’m pretty confident they won’t coz he never even replaced the fridge when we turned on the electric n found out it didn’t work, something u can pick up cheap on Craigslist or Facebook, would the house then be mine free n clear? Also the paperwork talks about his constantly not paying on time n how he let the taxes lapse last year which is also a breach of contract. This guy, I pay more for rent than is needed to make a payment n he still lets it slip through his fingers, smh, if I had known this was going on I’d’ve offered to just have him sign it over to me to take over the mortgage since he doesn’t want it anymore.
David Tubesing: I think this would be more of a non-performing notes kinda of an investor question.
Cory Stephen: Hey Kasara Foster This is a very interesting question. Let’s get Joshua Blanchard In on this. Josh any idea of what could be a good course of action here for Kasara Foster?
Kasara Foster: The little I’ve found out from quick skimming of info is that this isn’t a mortgage type debt. This is a loan agreement n the house is collateral, no bank is involved. If I understood what I read correctly. I kinda laughed n was thinking loan shark st…See more
Wally Adams: You could still approach him with the offer to take it over, but they; meaning the lender, may ask you to first qualify for the loan.
Kasara Foster: I see your point n the first thing that popped in my head was, well, if he had qualified for a loan wouldn’t he have used a bank instead of who he did use? HahaI’ll see what I can do but since he came n told us we have to move out he’s avoiding us, won’t answer texts or calls.
Kasara Foster: David, I’ve not heard that term before. What is a non-performing note?
Joshua Blanchard: Hey, if it’s going to a tax sale, all of the interested parties on title will be sent a notification from the county about the sale and that there interest will get wiped in the property. They then have the ability to protect their interest by either b…See more
Kasara Foster: I was hoping that’d be the answer, the terminology just throws me. Thanks y’all, I appreciate your time and help!
David Tubesing: Kasara Foster people will buy non performing notes from banks, and they will typically foreclose on the property or renegotiate the terms… I don’t fully understand how this all works, but it’s the same principle as a tax sale, except it isn’t (well it can be) always the first position
Jo Anne Chase Hall: When you notice there’s a property for sale on realtor.com and you do the research and there are back taxes due, do you buy those tax certificates knowing that if the property sells you will instantly earn your interest? That is my big question.
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David Tubesing: Idk how well this would work with distressed properties, but a decent property in a penalty state this sounds like an interesting strategy… if it would sell.
Jo Anne Chase Hall: David Tubesing what is a penalty state?
David Tubesing: Jo Anne Chase HallI highly recommend you check out the YouTube Channel that our Group Admins have available. You can find it here: https://www.youtube.com/cha…/UC70MCjtX9GKDyPXwKSWOkWQ��The name of the channel is: …See more
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Cory Stephen: Jo Anne, Great questions. Have you read the ABCs of Tax Lien & Deed investing yet? There is a difference between Tax Liens and Tax Deeds, so it all depends on where you are looking. And if you are finding the list on Realtor.com, there’s a good chance that isn’t a tax sale, so you’d be dealing with a whole different avenue of Real Estate… …See more
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Jo Anne Chase Hall: Cory Stephen I am specifically asking about tax certificates, not tax deeds. It is simply a strategy to earn 18% in the state of Florida, yet have the option to file for the deed.
Cory Stephen: yeah florida’s a little tricky. We haven’t purchased much there, but have looked a little into.. Our suggestion would be to find a decent lien, so you can be certain that they will redeem… It’s not a bad idea to see if you can figure out how to do …See more
Jo Anne Chase Hall: Cory Stephen yes. Perfect. Thank you.