Okay, we're about to expand into tax foreclosures!!
We found an online list for "over the counter properties" in a nearby county (nearby our home county, not where we're currently staying, though).
Four properties, all failed to sell at auction, and county now owns them. Two of these we know right where they're at, and they insanely well priced, LOL!
Just to drop some feelers, we put an ad on the local craigslist with minimal description and the price. These are bare land (well, lots of trees), very steep, overlooking a beautiful river, minutes outside of town in a rural setting.
So, within 15 minutes I've already had two emails.
I called the county, just to double-check that it really is as easy as it sounds, and it IS. Only hang-up I can see right now is that it takes the county about 8 weeks to get the deed ready to record. They'll even carry with 10% down!!!!
So, any advice on how to proceed in the conversations with these people? I don't want to be a total liar, can't honestly say that we own them, or even control them - no way to lock them up until we actually buy them. Plus, being up here makes it harder to make things happen fast. (Of course, we could run down there tomorrow if we were ready, LOL!)
I'm waiting on a property profile and comps from the title company. Maybe I'll call them, just to get it faster and not drive myself crazy all day wondering if there's something terribly wrong with these parcels. I've priced the 10 acre lot at $18k over the county's cost.
BTW - if anyone wants to see my CL ad, and the other lots for sale and their costs - here's the link:
THANKS for any advice! I am REALLY excited and freaking out right now!!