Tips on Purchasing Tax Deeds

By dhinternational  /  May 18, 2012 / Comments Off on Tips on Purchasing Tax Deeds

Tips on Purchasing Tax DeedsBuying tax deeds can be a blessing especially if you have done your research which can grant great deals.  The very first step in the due diligence process is to acquire a list of parcel numbers from the county office.  This list can be quite confusing in the beginning and once you get it, go to where the county assessor or auditor is located.  Many counties in the United States have this data online.  If it is not available via the internet, then you would need to go there in person and get it.  You can also hire a title company if budget permits to do the task for you.

The second thing that you need to accomplish is to acquire a plat map and take a visit on the property you’re interested.  Take your camera with you and also notes for points to jot down.  The key here is being organized in everything because thinking about various properties during a tax sale can be quite confusing.  This is when your notes, photos, and maps would come in handy.

Therefore, you need to be wise, careful, and diligent when attending tax deed sales.  It never hurts to do extensive research first before the actual auction.  Also, by doing this you would avoid committing mistakes that may become costly to your budget.  Great deals on tax deeds would surely be yours if you follow these tips.

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