Tuesday, December 12, 2006

Couple buys $900,000 property for $61,000 through tax lien

Find savings by due diligence! The couple below bought a $900k property for $61k. Want to learn more about how to invest in tax auctions? Purchase a copy of Investing Without Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions.

The site of the infamous Tracy tire fire, a 50-acre property on South MacArthur Drive where 7 million tires went up in smoke during a two-year rubbery inferno, sold last month in a county tax auction for a fraction of its worth.

Javier and Evangelina Jaime of Galt paid $61,000 in cash for the parcel — the amount of due taxes on the property. It was appraised last year at $900,000.

For more information about this article, access TracyPress.

Wednesday, December 06, 2006

Upcoming Auctions This Month!

Miami, FL will be selling properties through a tax deed sale. Their tax liens have not been redeemed; hence, the ownership of these properties will be sold for the highest bidder. For information on how to invest in tax liens or tax deeds and the bidding strategies, go to Barnes & Noble and buy Investing without Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions (ISBN 0978834607).

Dates:
- December 13, 2006
- December 14, 2006

Link:
Miami Tax Deed Sales