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Author Topic: How do I get this deal?  (Read 1342 times)

Offline ropaint

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  • Posts: 8
How do I get this deal?
« on: March 20, 2008, 06:34:01 pm »
I found a house that is listed to be in a sheriffs auction next month. I also found it listed for $104k and comps are close to 200k I did a drive by and it needs help but looks solid. Even if the interior need a complete rehab I think it is a deal.
Question is - once it is scheduled for auction can I still go thru the home owner and buy it from the lender?


   
Tax Information
Total Value:127600
   
Assessed Year
: 2007
   
Property Tax
:4030.25

Land Value
:35500
   
Improve %
: 72%
   
Improvement Value
: 92100
   
Tax Year
: 2007
   

Offline JDS

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  • Posts: 252
Re: How do I get this deal?
« Reply #1 on: March 20, 2008, 08:11:36 pm »
Yes you can, right up to the day of the auction.

Check your numbers. If they didn't pay their taxes, you can bet there's other liens in there too.
My life would be a whole lot easier if I was stupid OR he who laughs first saw it coming OR if you make anything idiot proof, they'll just improve the idiots

 




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