Posted by Dick2 on January 14, 2013 at 05:01:58 from (174.19.205.113):
In Reply to: I bought a house!!!! posted by Fullers Farmalls on January 13, 2013 at 20:02:55:
Check the state laws regarding tax forfeited property. I bought houses at tax sales in ND and received a clear title 2-3 weeks later. I resold the property without any improvements and made a reasonable profit.
I will not buy a tax forfeited property in AZ as the previous owner can re-claim it anytime in the next 6 years by paying you the amount that you paid for it. The buyer will lose the taxes that he has paid during that 6 years, PLUS any improvements that have been made to the house or property - and the buyer can not resell it in those 6 years.
Son is remodelling a cement block house and it is turning into a nightmare money pit!
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Today's Featured Article - A 1937 John Deere Unstuck - by Gary Hickman. Here is my story of how I got the pistons out of a 1937 JD B that the engine had been stuck for about 14 years: About 12 years ago my Dad gave me one of the tractors I ran as I was growing up on our farm in central Nebraska. The engine on this tractor, a 1937 John Deere "B", had been stuck for 2 years before he gave it to me. This last spring (1999) I hauled the tractor to our 2 acre lot in St. Libory Nebraska where it joined my antique machinery collection, at that time a 1929 Caterpillar T
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