I see these infomercials on buying property for pennies on the dollar. Like the one all you have to is pay the taxes and the property can become yours. Is this a real deal? Is it worth investing in?
I found one realestate website.
It can help you
Please check http://www.aaamoving-store.com/
no.
Thank about this. if it was so, why are they only selling the books and not actually flipping the properties.
Can you get a house for 200 at a tax sale. Yes, but it is very rare.
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Tax sales are available but they are very competitive. You can buy a property for the taxes owed but the owner has a time period to pay you back for the taxes owed plus interest. You don’t get the property right away. You have to give the owner time to pay off the taxes. You can make money but there are a lot of big time money guys in this industry and it is hard to get a start. So does it work yes, but like the other contributor said it is very unlikely.
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Most of the info-mericals are fake from what I have seen.
Most of those "no money down" people went BUST.
It is rare anyone can get those tax sales like they show. It happens but it is a fluke.
References :
I found one realestate website.
It can help you
Please check http://www.aaamoving-store.com/
References :