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re: Anybody ever participate in a county tax sale? Paging I Love Bama

Posted on 4/10/15 at 10:40 am to
Posted by oldschoolgreats
Member since Nov 2012
1902 posts
Posted on 4/10/15 at 10:40 am to
participated in texas auction. I have not seen anyone do this to try and capture the "12%".

I have seen a bunch of really good deals usually of vacant lots or older homes or small commercial properties that are jointly owned (usually heir property). some heirs don't want to share in taxes so nobody pays it.

seen really good deals go for 30 cents on the dollar. all depends on when the taxing authorities go after the back taxes.

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