I’m sure you have either heard of, or even lived through the war stories of trying to close on a tax sale property only to find out that all of the interested parties weren’t notified so there is a cloud in the title.
When you purchase property at a tax sale most of the liens are going to get wiped out by the tax sale process, but not all of them! For that reason, we’ve created 3 simple rules that we like to follow when trying to get a clear title.
1) Get somebody else to pay for your lien – That somebody else is the county itself. Now, it never works in every single county, but it certainly doesn’t hurt to ask in your county.
2) Time heals everything – Many liens have statutes of limitations such as IRS liens.
3) Fight it, don’t pay it! There are times when something as simple as a paperwork error can clear the title.
Check out this video for more details and thanks for being a part of the TAI Community!
If you are inspired by this video and would like to learn more about how you can partner with our team, then text “AUCTION” to 909.344.5272 and we will be more than happy to discuss all of the possibilities with you!