can you buy government tax lein foreclosures free & clear for only hundrads of dollars?
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- not really *** sure, the tax lien may sell for only a few hundred dollars -- it is priced as the amount of overdue tax plus a small processing fee. but that does not get you the property -- you have to read your state's laws on the subject to find out when and how you might get the property. *** btw, there frequently is a reason why the tax lien is both cheap and hasn't been purchased. professional speculators look over tax liens and buy up the good ones. why could some be left over? oh, stuff like ... 1. property is worthless swamp and can't be filled 2. property has hazardous waste dump on it [buyer would have to have it cleared to EPA standards]. 3. property is essentially inaccessible 4. property is too small for more than a duck pond 5. property has ruined house on it which must be razed and debris hauled to landfill at owner's expense 6. property is encumbered by a right-of-way which, in essence, renders it unusable. 7. property is a hillside that can not ever be built on. 8. property has unstable mine tailings on it from 120 years ago and thus is unsafe for any use. 9. property is in the 10 year flood zone and not eligible for flood insurance 10. property is under the flight path of nearby airport and can not be built on and on, and on.
- I doubt it, but you can try...
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