Messages

1

Questions and Answers / Re: ABout Liens

« on: May 02, 2007, 04:40:11 PM »

I also am very new, but from what I have read in the posts, and have learned from buying a house, liens are discovered when doing a title search.  When we bought our home, our lawyer hired a professional "title searcher" to do this job.  I understand law offices will do this for you for a fee.   

As for the question on mortgages, I defer to the experts.   

2

Questions and Answers / Re: How do you know what to bid?

« on: May 02, 2007, 04:20:00 PM »

OK, so do you bid according to the appraised value or the assessed value?

3

Questions and Answers / How do you know what to bid?

« on: April 26, 2007, 02:20:56 PM »

I apologize in advance, because I'm sure this question has been asked.  I just joined, (today) and was just recently introduced to the world of tax sales, (yesterday)  What I can't figure out is, how do you know what to bid?  Is there a standard, ie: 1/2 the appraised value?  I've read about some sales going for way more than appraised value, and some for just over minimum. 

Also, if you had to choose, would you pick a vacant property or one with a house on it and why?

Thank ya' kindly.
Reenster