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Video instructions and help with filling out and completing Free virginia real estate purchase contract
Instructions and Help about Free virginia real estate purchase contract
I just want to give you a video this morning and it is entitled how to get a piece of property for $100 so this is the concept that the entire concept revolves around property taxes so throughout all 50 states throughout the United States you have people that own property that pay property taxes and oftentimes what happens is people can go I depends on the city depends on the county people can go two three four or five years sometimes sometimes seven years six years before they enter into something called I call it property tax foreclosures foreclosure it's another term for it is delinquent property taxes so what happens is this people fall behind on property taxes and what happens over a period of time is the either the local city or local county is going to push for foreclosure in other words not necessarily foreclosure on the loan to push for a foreclosure on that property to get those back property taxes paid that's the entire objective and that with that being said there are people out there that lose one hundred two hundred three hundred half a million dollar properties for unpaid property taxes why do people go on a property tax foreclosure different reasons can be having medical issues income issues spousal divorce issues whatever it is it's a it's so many things that can go wrong in people's lives that they fall victim to delinquent property tax so you've also heard of a term called a tax lien Auctions tax lien foreclosure or yet tax lien option that's where properties are sold at auction for the back property taxes okay this is not that this is getting behind on taxes this is between having delinquent property taxes and before it goes to auction okay this is delinquent property taxes these are people who have it fall into the final stages yet but are behind enough to where it raises a red flag with the property that says hey look I'm not going to pay my taxes my house is actually getting ready I'm getting ready to lose my property and I need to do something this this particular concept is really works really well with land but it can also work well with houses and commercial property and farms and that type of thing so what you do is you contact your local city or county whatever it is and you type in the first thing you do is go ahead let's say for instance you live in Houston Texas and so what you type into Google is Houston Texas property taxes what's going to come up is the tax assessor's office in many places the tax assessor is the point of contact to talk to about delinquent property taxes okay it can be named differently in different areas but in my area out here in Atlanta Georgia it's the the property tax assessor's office or the tax assessor's office here's your.