Indiana Commissioners Sales Strategies (Continued) What should we buy at Indiana Commissioners sales, and where do we find it? We answered that in Indiana Commissioners sales Part 3 – be sure to take a look at that if you haven’t seen it yet. We’re looking for single family homes in at least fair condition, that [...]
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Indiana Commissioners Sales Strategies We covered the big upsides of Indiana Commissioners sales in Part 1 – and then looked at the downsides that we’ll need to manage in Indiana Commissioners Sales Part 2. Now, it’s time to get into the nitty-gritty specifics – strategies you can actually use when investing at Indiana Commissioners Sales. [...]
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Indiana Commissioners Sales – Traps and Downsides In Part One of this series on Indiana Commissioners sales, we went over the benefits of participating. In a nutshell, the benefits were: 1. Shorter redemption time (120 days vs 1 year) 2. Reduced minimum bid 3. Much less competition 4. Much greater chance of acquiring property 5. [...]
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Indiana Commissioners Sales About to Kick Off Again Indiana Commissioners Sales will be kicking off in earnest right after the new year. What’s a commissioner’s sale? It’s a tax lien sale with special rules, where liens that weren’t purchased at the last sale are offered. More details here and in future installments. I’ve decided to [...]
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Unjust Michigan tax deed sale system and others like it continue to rip off property owners It probably doesn’t come as a big surprise to you that there was a big Flint, Michigan tax deed sale this year. It didn’t surprise me in the least. After all, Flint may be one of the hardest-hit towns [...]
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Tax Sale Property An Epidemic When properties are taxed at outrageous rates, they can become worthless (even as a tax sale property) in a hurry! I n a previous article, “Second Chance Tax Sales“, I briefly mentioned the irony of ANY property not selling at a county tax sale. Any given property, you would think, [...]
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At nearly all tax sales, there are parcels that do not sell for even the minimum amount of taxes owed. An interesting thing to note about this phenomenon is that it indicates overassessment of a property to an almost unbelievable degree. The property is being taxed in excess of its true market value over the [...]
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