Tax foreclosure properties?

Question

Seriously, aren't these a matter of public record? Or do you really have to buy one of those infomercial "systems" to gain access to said properties?

Answer 1

Tax foreclosure auctions are a matter of public record, and are well advertised in local newspapers before the date of the auction.  That being said, you are advised to check your state's statutes regarding such auctions.  In many states, the 'former owner' of the property has the right to redeem the property AFTER the auction by paying the back taxes, interest, and a small penalty.  In some states, this redemption period extends for a full THREE YEARS after the auction.  You cannot get clear title to the property until the redemption period expires.

Answer 2

Check the tax assessor website for your county and look for the "Public Auction" link.  Also, look in the classified section of your newspaper under "Legal Notices."  Or, call a Realtor in your area.