Comments on: How do I find home government sales/auctions in my area? http://www.state-auctions.info/how-do-i-find-home-government-salesauctions-in-my-area/ Wed, 28 Jul 2010 08:07:05 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Kenneth Dhttp://www.state-auctions.info/how-do-i-find-home-government-salesauctions-in-my-area/comment-page-1/#comment-12 Kenneth D Tue, 29 Jul 2008 03:30:20 +0000 http://www.state-auctions.info/how-do-i-find-home-government-salesauctions-in-my-area/#comment-12 I use publicnoticeads.com It is a free service from participating newspapers. If it does not cover your area, search your local newspapers online for tax sales. They are required to be published. You can also talk to your county Sheriff and they can tell you when and where the tax sales take place as well as the foreclosure auctions.A word of caution, despite what the infomercials say, tax sales are not a good place for the beginning investor. The tax sale process is a difficult one and the properties are redeemed most of the time. That means you go through the entire process and in return you usually get your initial investment plus a small amount of interest - often 8%. Not a bad return but if you were planning to flip the property you were probably expecting more. Another important caveat, you MUST submit your expenses in a timely manner. If you do not, the property owner can redeem and not pay your expenses leaving you with a loss. I use publicnoticeads.com It is a free service from participating newspapers. If it does not cover your area, search your local newspapers online for tax sales. They are required to be published. You can also talk to your county Sheriff and they can tell you when and where the tax sales take place as well as the foreclosure auctions.

A word of caution, despite what the infomercials say, tax sales are not a good place for the beginning investor. The tax sale process is a difficult one and the properties are redeemed most of the time. That means you go through the entire process and in return you usually get your initial investment plus a small amount of interest – often 8%. Not a bad return but if you were planning to flip the property you were probably expecting more. Another important caveat, you MUST submit your expenses in a timely manner. If you do not, the property owner can redeem and not pay your expenses leaving you with a loss.

]]> By: Debbie2243http://www.state-auctions.info/how-do-i-find-home-government-salesauctions-in-my-area/comment-page-1/#comment-11 Debbie2243 Fri, 25 Jul 2008 19:49:29 +0000 http://www.state-auctions.info/how-do-i-find-home-government-salesauctions-in-my-area/#comment-11 look on line for the city and state you want.....say it's dallas texas You search for dallas texas court house.....then tax sales...that will tell you when the house list will appear in the local paper and when the sale is on the court house steps. do and find the number for the court house you need...they will give you info on everything you need...and a short tutorial for what you need to do. you can buy outside of your area if you find some local person wishing to sponsor you. look on line for the city and state you want…..say it’s dallas texas
You search for dallas texas court house…..then tax sales…that will tell you when the house list will appear in the local paper and when the sale is on the court house steps. do and find the number for the court house you need…they will give you info on everything you need…and a short tutorial for what you need to do. you can buy outside of your area if you find some local person wishing to sponsor you.

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