The best way to Find Tax Foreclosure Properties

The best way to Find Tax Foreclosure Properties

County authorities confiscate the property of people who do not pay their land taxes; the IRS can seize the home of those who do not spend their taxes. In both cases, the properties can be bought at auction, which gives a chance to purchase properties at discounted costs to investors. The government is interested in gathering late tax payments, and doesn’t ensure the status of your home or feel duty bound to reveal information regarding zoning problems or secondary liens, therefore it is very important to purchasers do study the properties attentively on their very own before bidding on a tax-foreclosed home.

Contact local county government sites. These web sites provide details on possible tax foreclosures you are able to bid on. Every state has an organization of counties it is possible to seek to get the contact details of the local county authorities. For instance the California State Association of Counties offers hyperlinks to all 58 county sites (see Sources).

Go to the Department of the Treasury Internal Revenue Service web site’s Property section (see Sources). This site offers an inventory of attributes seized for non-payment of taxes. It provides images, the cost and description of every property.

Make use of the employment of a business foreclosure listing firm. Corporations like Foreclosure Listings and Foreclosure Trac gather information on tax foreclosures from the Internal Revenue Service as well as county authorities. To search, you need to use their data bases to get a charge for tax foreclosures county, by state, variety of bedrooms or cost.