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1
Posted on 7/17/20 at 11:23 am to Jim Rockford
Lafayette city or parish do not contract theirs out to the company I am using. The surrounding areas do though and even if you try to do the math to make it relative based on population sizes none of them come close to the Shreveport area.
Shreveport is also going to be the largest and perhaps only metro in LA to lose people when the 2020 census comes out.
Shreveport is also going to be the largest and perhaps only metro in LA to lose people when the 2020 census comes out.
This post was edited on 7/17/20 at 11:24 am
Posted on 7/17/20 at 11:26 am to stout
Can you possibly do the tangipahoa area?
Posted on 7/17/20 at 11:28 am to stout
quote:
Baton Rouge
Dammit... you just inspired SWB to conduct a study.
Posted on 7/17/20 at 11:29 am to burgeman
Posted on 7/17/20 at 11:36 am to stout
quote:
Why wouldn't they be? It's still property.
Cash requirement (I presume) limits buyers, little marketing done, uncertainty of 3 years of title limbo, just for starters.
Posted on 7/17/20 at 11:38 am to Turbeauxdog
quote:
Cash requirement (I presume) limits buyers, little marketing done, u
I took it he meant after he owned the property
quote:
uncertainty of 3 years of title limbo
It comes with a clean title much like a repo auction, title opinion, and title insurance.
That is only on the adjudicated sales.
Everything you said would be true for the 3-year tax investment strategy which is the biggest reason I am not a fan of it.
Posted on 7/17/20 at 11:40 am to stout
So not only do Bossier Parish residents refuse to increase their property taxes, many don’t even pay them?
Posted on 7/17/20 at 11:47 am to stout
Not sure anyone would want to buy a property in any of those triple digit blue dots in Shreveport.
Unless you want to wear a bulletproof vest 24x7.
Unless you want to wear a bulletproof vest 24x7.
This post was edited on 7/17/20 at 11:50 am
Posted on 7/17/20 at 11:55 am to stout
any suggestions for the title insurance issues -my lawyer says ill likely need to wait for 10 year acquisitive prescription to acquire a completely clean title
Posted on 7/17/20 at 11:59 am to carhartt
quote:
Not sure anyone would want to buy a property in any of those triple digit blue dots in Shreveport.
Unless you want to wear a bulletproof vest 24x7.
like most maps with data, you can tell where blacks live
Posted on 7/17/20 at 12:00 pm to rocket31
Your attorney would know best obviously but could you technically foreclose on it and send it through sheriff sale to obtain a clean title?
Posted on 7/17/20 at 12:02 pm to rocket31
You can't do some research on the previous owner and get some AOH's filed to satisfy the title insurance company? Indemnifications? (This assumes the hold up from your title insurance is heirs to former owners coming back and staking claim)
This post was edited on 7/17/20 at 12:03 pm
Posted on 7/17/20 at 12:05 pm to stout
quote:
Your attorney would know best obviously but could you technically foreclose on it and send it through sheriff sale to obtain a clean title?
interesting idea, ill ask
Posted on 7/17/20 at 12:15 pm to TigerDog83
quote:
Indemnifications? (This assumes the hold up from your title insurance is heirs to former owners coming back and staking claim
yeah, weve ran a title report etc and found one heir with a potential issue to stake a claim.
and even though he signed a "green card" through certified mail indicating he was aware of the tax sale, its not enough. idk.
from what ive researched only one company (us national) will even consider providing title insurance on these properties, so my options are limited
Posted on 7/17/20 at 12:17 pm to stout
Went to high school with a guy that has bought these type homes for a decade now.
He has quite a few houses now that are rent houses.
He lives a pretty chill and easy life style for a guy in his late 30s
He has quite a few houses now that are rent houses.
He lives a pretty chill and easy life style for a guy in his late 30s
Posted on 7/17/20 at 12:26 pm to stout
quote:Does that number include south BR? That map is missing half the city.
Baton Rouge for comparison has 1490 total with 1485 adjudicated
Posted on 7/17/20 at 12:32 pm to rocket31
Can you track him down and try to get him to sign a quitclaim deed for some measly pittance?
Posted on 7/17/20 at 12:40 pm to TigerDog83
yea, thats kinda the plan right now, just unsure how how measly we are talking in that potential discussion. maybe it isnt an issue, but he is also elderly so im not sure where his mind will be.
im already over $30k deep into this thing after lawyers fees etc
im already over $30k deep into this thing after lawyers fees etc
Posted on 7/17/20 at 12:53 pm to stout
Just what the auctions needed, a new swath of bidders who don't understand the difficulty in actually obtaining one of these properties, or the amount of cash needed.
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