i ve got an opportunity to rent a house for a nice deposit then a lump sum at the end of the year ‘to cover his back taxes’. no month to month payment till after the lump at the end of the year. however, the wife is worried the house will be foreclosed on cause of back taxes. can we find any of this info out, and where?
the city is sunset hills, mo. if that helps/matters
I just had a tax lien filed against my husband and I and I’m worried that I will never see the money that we just settled on from the insurance company regarding a car accident? Can anyone tell me if I will get my money or not?
We were paying on our back taxes until I and my husband became unemployed.
I’m just worried that somehow they will get our insurance settlement (not much) before we even see it.
We need this money to pay bills or we will be homeless and no way of paying bills
I’m being sued for back taxes by my county and want to take care of the problem. My question is that with a court date looming do I want to wait until then to arrange a payment plan or should I contact the county now and make arrangements. Also could hiring a lawyer possibly reduce the amount of penalty and interest?
DETAILS: Basically, I’ve really taken to real estate investing and have read about 8 books now (7 more to go! ouch), so have some good "book knowledge" but zero experience. My question is this: When you’re reading, eg, a foreclosures.com-type of website data on a PRE-foreclosure, which numbers should the investor (aka "credit saver") be evaluating in order to make an intelligent OFFER to the buyer? I know the basics like I’ll have to pay the back payments, back taxes, etc (PLUS any stated or hidden liens etc), but do I use these to present a deal:
Improvement value / Land value / Taxable value (Ar these 3 important in my offer or instead use:
Last sale price…(I know this one)
zestimate (I know this one)
Transfer value (what is this?)
Default value…(I know this one)
In other words, I want to make an intelligent offer on the preforeclosure. Please, someone with experience, what’s the math? And are there any missing numbers?? (eg loan balance, equity). Sincere thanks.
small typo sorry: <<above "Improvement value", please add the word "how" so reads "but HOW do I use these to present a deal?:">>
I asked this in real estate also…but we are interested in buying some property in Oklahoma, but couldn't locate the owner…after some digging we found that they owe 4 years of back taxes on the place. If we want to purchase it do we have to buy the certificate from the tax lien company or speak with the owner? Any help would be great!! Thanks!
The thing that is making this so difficult is that I cannot track down the owner, all the numbers I have found so far are disconnected…I'm really not sure what else to do.
Tax Lien Podcast