Luanne
Visitor
Moderator
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Re:need to knows - 2008/08/07 13:51
Hi Mr. Wade,
Your answers are in bold.
Quest:1 How much time and interest could i give the person before starting foreclosures
- You aren't selecting the interest or the time to give the owner. THe county supplies that information as a standard. Many times you are actually bidding for the interest.
Question#2 If i bid with other people and someone else out bids me do i recieve some of the money that i invested in the tax lein from the previuos owner who didnt pay me.
- In a tax deed sale, whoever is the winning bidder must pay the full amount of the lien plus interest to the lien holder.
now 1 more thing getting a tax deed and auctions is the a certain personal in the county you live in that needs to be contacted for certain info like auctions and deeds.
-Yes, normally the tax collector handles both
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