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Posted by sandybeth on February 8, 2008, 7:16 pm
> I would like to hear anyone's experience with buying "tax
> liens" as a way of obtaining high interest and/or a nice
> property at a low price.
I don't know if this is the same thing, but our township puts out a
yearly paper listing of property addresses where taxes are overdue. A
friend got me involved in this useless and time-consuming endeavor for
cheap property about 10 yrs ago. We spent several days driving
around, trying to find all these weird properties, some seemingly
ditches, landlocked property, long strips, etc. After finding only
one piece I was even partly interested in, I went to an auction at the
courthouse, only to be quickly outbid by business-type people who
seemed to know the game much better than I did.
SandyBeth
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