California Default Tax Sales
Where can I find specific info about Ca. tax defaulted property sales, and the pros and cons thereof.
Where can I find specific info about Ca. tax defaulted property sales, and the pros and cons thereof.
nadesan--(CA)----------------
I listed some negatives of tax sales about three or four days ago. You might look for that.
If you do some searching in the archives of this site you are likely to find a lot of information.
Good Investing**************Ron Starr***********
Bottom line is that working the tax sales is like finding a needle in a haystack. Most owners find a way of paying the delinquent tax right before sale. However, I managed to find that needle in a haystack last year.
I picked up a house in Palm Springs,Ca for
$457k worth $675k. This was after working multiple tax sales. I think you are better off working the absentee owners and pre-foreclosures.
Best Riches,
Jeff Adam
[addsig]
Jeff da Adam, is most correct the prior bargains that used to be there are no more. The masses are more educated and seldom make the mistake of allowing a tax sale.
Used to be a killing in small hillside lots. But alas they are no more, the heavy restrictions and engineering requirements have removed the profit. I mean three levels of retaining walls with pilings penetrating over 8 feet. Come on now give me a break. The newest research into faults and stuff has found them everywhere.
Can still run the just defaulted lists which come out in the local papers about twice a year. But the running is extensive and you must be able to cure in the instant and move into a color of ownership and then the acid test, actualy do something.
Cheers Lucius
Thanks for that info. I will not be attending the tax sale in Ca-lee-four-ya!!
[addsig]
mark1028,
Experiences of thee others are priceless but you have to build your own . Don't be discouraged. Get the incoming list of properties and do a due diligence and if you know what you want, you just may get lucky. Good luck!
This is the address of the sell that will take place March 1st and 2nd:
Los Angeles County Fairgrounds
1101 W. McKinley Ave., Building 7
Pomona, California, 91768
Prospective bidders are required to pre-register IN PERSON with a $1,000 deposit in the form of cash, cashier's check or bank issued money order.
where can i find out about the absintee and pre-forclosure sales??????