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    king fisher's Avatar
    king fisher Posts: 2, Reputation: 1
    New Member
    		  
    #1

    May 16, 2009, 05:49 PM
    Buying a house
    How would I buy a house for the back taxes
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    May 16, 2009, 07:12 PM

    You check with your local county tax collector to find out when tax auctions occur.

    But the likelihood of you getting a house just for back taxes is extremely small. If there is a mortgage against the property the lender will pay the taxes before it comes up for auction.

    If a property gets to the auction, speculators will bid up the property if its in decent condition.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    May 16, 2009, 07:28 PM

    Yes, most of the nicer homes seldom sell for taxes and in most states you only buy the certificate and have to wait one to three years to redeem it.

    But they are sold at auction at the courthouse
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