Monday, March 31, 2008

Tips from successful tax deed investor in Tampa



Read this balanced article covering a good tax deed investor in Florida. This was by Highlands Today newspaper. Due diligence like in any investment is the difference between profit and loss and this investor has a knack for finding the right properties.


If a tax deed investor pays $4,000 for a Sun'N Lake of Lake Placid lot, he may need to hold it for three years or more, but he can expect to sell it for $8,000 or better, Hill said.

Three to five years ago, when the real estate market was hot, 50 to 100 bidders came to Highlands County Clerk of Courts auctions.

"Some of them were offering more than was owed on the property," said Bob Germaine, senior director of court services.

Hill said he's already sold 40 lots. "More than anyone else this year."

Last year, he turned 196 lots, along with a few houses and commercial properties.

But, said Hill, speculators may have to sit on their investments for two or three years.

Friday, March 28, 2008

Puerto Rico Foreclosures


If you are interested in Puerto Rico tax deeds/foreclosures, take a look at this site and click on the island (its the one that says PR). They list some properties here from time to time that are from county foreclosures:

http://www.ocwen.com/reo/residential/res_reofindbystate.cfm

P.S. I know most of you know, but Puerto Rico is still in the United States. Just an FYI since some people didn't know Key West was in the United States.

Monday, March 24, 2008

Upcoming Auctions - Gainesville/Alachua County, Florida Offline Tax Deed Auctions

Hi Folks! There's always a tax lien or a tax deed sale going on somewhere. This posting highlights Gainesville/Alachua County tax deed auctions from March to May.
You can review the parcel numbers and details regarding the property through the following contact:

Clerk of the Court
Room 110
Alachua County Courthouse
201 East University Avenue
Gainesville, FL
Phone: (352) 491-4423

Please remember Florida has a $200.00 deposit requirement.

Number: TD 2008-4
Sale Date: March 27, 2008 at 10:00 a.m.
Certificate Number: 1413
Year Of Issuance: 2000
Parcel Number: 05045-006-017
Homestead Property: No
Opening Bid: $13,507.45

Number: TD 2008-5
Sale Date: March 27, 2008 at 10:00 a.m.
Certificate Number: 5518
Year Of Issuance: 2003
Parcel Number: 19759-000-000
Homestead Property: No
Opening Bid: $1,359.44

Number: TD 2008-6
Sale Date: March 27, 2008 at 10:00 a.m.
Certificate Number: 1802
Year Of Issuance: 2003
Parcel Number: 05716-005-000
Homestead Property: No
Opening Bid: $1,671.51

Number: TD 2008-7
Sale Date: April 3, 2008 at 10:00 a.m.
Certificate Number: 4855
Year Of Issuance: 2003
Parcel Number: 17485-016-000
Homestead Property: No
Opening Bid: $1,448.06

Number: TD 2008-8
Sale Date: April 17, 2008 at 10:00 a.m.
Certificate Number: 4244
Year Of Issuance: 2000
Parcel Number: 16508-001-000
Homestead Property: No
Opening Bid: $6,950.02

Number: TD 2008-9
Sale Date: April 17, 2008 at 10:00 a.m.
Certificate Number: 941
Year Of Issuance: 2001
Parcel Number: 03390-000-000
Homestead Property: No
Opening Bid: $5,029.90

Number: TD 2008-10
Sale Date: April 24, 2008 at 10:00 a.m.
Certificate Number: 5329
Year Of Issuance: 2003
Parcel Number: 18885-002-000
Homestead Property: Yes
Opening Bid: $63,221.39

Number: TD 2008-11
Sale Date: April 24, 2008 at 10:00 a.m.
Certificate Number: 272
Year Of Issuance: 1999
Parcel Number: 01386-100-009
Homestead Property: No
Opening Bid: $5,099.33

Number: TD 2008-12
Sale Date: April 24, 2008 at 10:00 a.m.
Certificate Number: 4102
Year Of Issuance: 2005
Parcel Number: 16520-029-000
Homestead Property: No
Opening Bid: $6,166.62

Number: TD 2008-13
Sale Date: May 15, 2008 at 10:00 a.m.
Certificate Number: 3195
Year Of Issuance: 2002
Parcel Number: 08796-002-000
Homestead Property: No
Opening Bid: $6,066.30