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Tax Liens and Tax Deeds - Some Basics for Your Success

Larry Goins — Thu, 20 May 2010 14:24:19 +0000

Almost all states allow for a tax sale foreclosure process that allows common citizens, just like us, to purchase tax sale properties. Here's how it happens: If an owner of real property does not pay their taxes the county or the taxing entity will file a lawsuit to collect the unpaid taxes, and if such taxes are not paid, the property will be sold at a public tax auction to the highest bidder.

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8 WAYS TO PROFIT FROM ONE FORECLOSURE

Larry Goins — Mon, 13 Jul 2009 03:10:59 +0000

Did you know there are eight ways that real estate investors can profit from a single foreclosure? Are you cashing in on them all?

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Buying Property at Foreclosure Auctions Can be Risky © 2007 by Tony Youngs

Larry Goins — Tue, 16 Jun 2009 12:46:32 +0000

If you have attended a foreclosure auction and you don't quite understand what is going on, maybe this article can shed some light. The first thing you will need is a list of properties that are advertised to go up for auction. You need to obtain a copy of the "foreclosure legal notices" for the county where the auction is that you attend. For instance, for Dekalb county, the legals come out on Thursday in the "Champion". For Cobb County, get the Friday edition of the "Marietta Daily Journal". Fulton County is the "Fulton County Daily Report" Etc. I maintain a list for all Georgia counties, Contact me for the name of the paper for your county. There are lists you can subscribe to that has all the major surrounding counties such as the Atlanta Foreclosure Report.

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FORECLOSURE AUCTIONS

Larry Goins — Thu, 04 Jun 2009 18:24:58 +0000

Over the past few weeks there have been several articles in the paper about the increase in foreclosures. The articles are based on the research of a company that tracks the number of new foreclosures compared to previous years. It seems we have a problem on our hands as more and more people are getting behind on their house payments due to rising interest rates and adjustable rate mortgages. Banks are repossessing more and more houses and homes are taking longer to sell in most areas.

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AUCTIONS: TO BUY OR NOT TO BUY!

Larry Goins — Sat, 23 May 2009 21:10:20 +0000

One of the first things new investors think of when contemplating on how to find great deals is going to an auction. You can choose from the auctions held on the courthouse steps or attend any public or privately held auction to purchase all kinds of real estate. Understand that all auctions are not the same.

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