Tax Sale Investing Deed Grabbing Technique
When it is your first time to do tax sale investing, you probably had dreams of earning profits which would allow you to live in a comfortable lifestyle, and never have to worry about money during those tough times. If that dream was ruined when you were not able to acquire any good property at an auction, then you need to try out a new technique which is called deed grabbing. There are only a few investors who do this but the efforts are truly rewarding in the end.
Deed grabbing is the process of getting tax sale properties straight from the homeowners. This is done only after their properties were sold at a tax sale. There is almost little competition for these types of properties, and only the experienced investors have figured out the loopholes to this strategy. This is where they acquire the real wealth in tax sale property investing. So, if you do this technique properly, it would only be a matter of time before getting the profits you've been dreaming of.
The process of deed grabbing is legal. There is nothing to worry about this. You are only dealing with highly motivated sellers who would rather sell their properties than get nothing. You must know that tax delinquent homeowners get more or less a year after the tax sale, to come up with payments for their back taxes. Then, there are cases wherein they cannot provide. This is the right time to do the deed grabbing wherein cheap properties are very possible to buy. Furthermore, doing so also allows you to check out a property that you'd like even before purchasing it. You would not get this at a tax sale because it is forbidden.
Do this technique faithfully and you would reap the sweet rewards later on. So, here is what you are going to do. You must wait until after the tax sale has passed for a few weeks or months, and depending on the tax lien states and tax deed states laws. Then, check out which of the homeowners still have not paid off their back taxes. Do what is necessary in searching for their contact information. Give them a call and ask if they are willing to sell their deeds to you. You would be happy to find out that there are those who can no longer pay their taxes. They would eagerly sell the property to you as fast as possible. The prices are sometimes surprising that you would never think that you'd get those properties at very cheap prices.
Deed grabbing is the process of getting tax sale properties straight from the homeowners. This is done only after their properties were sold at a tax sale. There is almost little competition for these types of properties, and only the experienced investors have figured out the loopholes to this strategy. This is where they acquire the real wealth in tax sale property investing. So, if you do this technique properly, it would only be a matter of time before getting the profits you've been dreaming of.
The process of deed grabbing is legal. There is nothing to worry about this. You are only dealing with highly motivated sellers who would rather sell their properties than get nothing. You must know that tax delinquent homeowners get more or less a year after the tax sale, to come up with payments for their back taxes. Then, there are cases wherein they cannot provide. This is the right time to do the deed grabbing wherein cheap properties are very possible to buy. Furthermore, doing so also allows you to check out a property that you'd like even before purchasing it. You would not get this at a tax sale because it is forbidden.
Do this technique faithfully and you would reap the sweet rewards later on. So, here is what you are going to do. You must wait until after the tax sale has passed for a few weeks or months, and depending on the tax lien states and tax deed states laws. Then, check out which of the homeowners still have not paid off their back taxes. Do what is necessary in searching for their contact information. Give them a call and ask if they are willing to sell their deeds to you. You would be happy to find out that there are those who can no longer pay their taxes. They would eagerly sell the property to you as fast as possible. The prices are sometimes surprising that you would never think that you'd get those properties at very cheap prices.
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