You just read, in the legal section of your local newspaper, about vacant lots or land parcels for sale. This county sale is due too uncollected back real estate taxes that are owned to your local county offices by the current land owner.
If you have never attended a Real Estate Tax sale before, their is a learning curve on How to Prepare for this land purchasing, opportunity event.
This is an opportunity, because you can invest in land for sale at a very small fraction of it’s market value. A real buy low event. However, preparation meeting this opportunity will help spell success in your new purchase or purchases of land for sale.
PART I
Research your potential land for sale purchase. Many advise that you do a little title search yourself at the local county assessors office to look for any title liens or other clouds to the title within the lands recorded documents. An easier process is to pay a title company for a Title Binder, which will reveal any liens or title disputes prior to your bidding on any land.
In order to do a search you need what they call a legal description. Usually this consists of the lot number, block number and...
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