Sell A House I Bought At Tax Sale
I need to sell a house I bought at tax sale last month. Turns out, I do not have the time or the cash on hand to do the remodeling work it needs. It was a good investment because I paid very little for the three bedroom/two bathroom house on two lots, but I will not be the one who improves the property now.
When I took a class on buying residential real estate at tax sales it seemed like something I could do with the intention of building my investment portfolio. I went to the county courthouse and did research online to find out which properties were going to be sold at auction and when the auctions would be held.
There is a waiting period for homes sold for unpaid property taxes. I understood the details and followed all the necessary steps to gain legal title to the property when the waiting period expired last month. Now I am the legal owner and that means I am responsible for the utility bills and keeping the lawn mowed.
We Pay Fast Buys Homes From Investors
My situation is not a new one for the professional homebuyers at We Pay Fast. They are a team of investors who buy property directly for fast cash. No agents are involved in the transaction, so the seller pays no real estate commission at closing. In addition, We Pay Fast arranges for all the documents and legal work to be done at their own expense.
If I sell to We Pay Fast, I will receive the purchase price they offer and I accept, since I have no mortgage loan to repay out of the proceeds of the sale. I want to sell a house I bought at tax sale by calling 1-800-WePayFast (1-800-937-2932) or emailing [email protected].