How to Start Investing for Tax Deed

By dhinternational  /  July 23, 2012 / Comments Off on How to Start Investing for Tax Deed

How to Start Investing for Tax DeedSame with tax liens, tax deed investing also requires due diligence. This does not only require money but would require knowledge and time to make sure that we are moving on the right path. As always said by doing research we can minimize the risk we are going to take by entering the world of tax deed.

To start investing:

1. You need to get a list of all the properties available in the county. You can either call the county, ask them if it would be possible to email you list of all the properties available. If not you can also ask them to mail it to you. You just need to pay a penny for the stamp in mailing it to you. Or you might probably visit the county in person to get the list as well as gather the details.
2. Do research about the properties. Scan the properties with the amount you are willing to spend. This will save time in searching through all the properties you might be interested in.
3. If possible visit each property so you can personally see its value. And to make sure that you are getting the right property. As we know not all properties available are in good condition. Some might need some repairs and fixing. Through this you can estimate how far you are going to bid on it.
4. Once you’re done with all the above process, lastly, attend the auction and bid on the items you are interested on.

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