[maggielopez]

I had someone telling me about houses that u can purchase by paying the back taxes on them. I am looking for something like this with the economy the way it is, it is hard to purchase a home without a substantial amount of money down. I am looking for a three bdrm two bath for me and my children. Need help in finding out how to go about locating these houses

[ScottGem]

First its not a good idea to piggyback your question on someone else's. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.

Don't know about this person telling you that, but its more fantasy than reality.

If a property goes delinquent in taxes, generally the lienholder (mortgage company) will pay those taxes to protect their interests. If there is no lienholder, then the likelihood is that the owner can't afford to pay the taxes and if that's the case, the property is very likely to be rundown and in need of repair.

What generally happens is that the county periodically conducts auctions of properties that are delinquent. The better condition the home, the more it will attract speculators who will bid up the sales price.

You can find out about these auctions by contacting the tax collector for the county.