Buying Houses With Unpaid Property Tax Could Be Your New Six-figure Home Business

Need a better way to buy property? All the professionals know that buying houses with unpaid property tax is the way to go. But if you don't buy it at the right time, it's a losing proposition. The best way to get tax property is after the auction - and you can get it for as little as $100.

Because of so many other interested investors, bidding at tax sale often ends up a waste of time. Also, property at tax sale is sold as-is - and you can't inspect it first. Clearly, buying houses with unpaid property tax at tax sale is not the road you want to go down. It's so much easier to just purchase the property after the tax sale.

Approach the owners themselves, and you'll fare much better than at tax sale. Knowing when to communicate with them is key. Early in the redemption period, they may not be ready to sell. At the end of the redemption period, those that can pay, have. Within a short period of time, the owner will lose all - so they're ready to sell. This is when buying houses with unpaid property tax becomes very easy, and profitable, for you.

This is exactly where you want the seller to be when you buy. Offer them $100 to sign over their property. They'll be amenable to this if you also offer a percentage of what you sell the property for. This is a fair deal, and a much better option for the owner than just losing everything. You'll be surprised how many deeds you can get this way!

Other owners simply no longer want to deal with owning a property: people who don't want, or never wanted, the upkeep of the property. These people can't wait for the end of the redemption period, when the deed is out of their names. Simply ask if they'd mind letting you see what you can do with it. Offer them $100 for their time in dealing with the document signing.

Next, pay the back taxes and you are the new owner. But if you want to take your profits now, you can sell immediately. Find an buyer in a matter of days by selling the property for a rock-bottom price. Let the investor or new buyer pay the taxes off - you just take your profits now.

Even if you're a seasoned investor, buying houses with unpaid property tax beats all other investment methods. The bad economy has produced an amazing opportunity to make a lot of money in this industry.

By: John Richman

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Foreclosure rates won't last - act now! Learn the "magic words" to say to owners! For a limited time, get the Deed Grabbers Guide to Property for $200 or Less e-book - free. More techniques to get property outside of auction for $200: visit DeedGrabbers.org now. Or visit the official Tax Sale Property Squidoo Lens now!