O% Bid On Tax Certificate
Quote
On 05-27-2007 Quidam wrote
Homestead property is popular so it will e bid low, often times down to 0.25% (the lowest under Fl law except for O% which only a fool would do)
what are the advantages and disavantages of bidding this way?
On 05-27-2007 Quidam wrote
Homestead property is popular so it will e bid low, often times down to 0.25% (the lowest under Fl law except for O% which only a fool would do)
what are the advantages and disavantages of bidding this way?
Comments(0)
mahogany
I was trying to figure it out myself...
Seems like a lot of investors have different objectives.
An investor might contact the owner and interview them and find they will sell them the house for a lowball offer they will then get title signed to the investor and the investor will pay the back taxes.
Sometimes friends or relatives will help them pay their taxes.