Quote:
Originally posted by asuna
I just saw an infomercial about http://johnbeck.tv/
buying goverment seized or tax delinquient houses for almost nothing, anyone making any real money off this? I remember reading you can just go to city hall and see who owes taxes but don't know exactly how it works, would buying something like this be worth it?
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you dont have to buy anything.
every area has a tax sale each year. You can bid on properties that have taxes owing on them. The owner has one year to come up with the tax money, if not the highest bidder gets the property. If he does come up with the money, you get your money back, plus interest.
Contact your city hall for info....