Tax Sales – How Do I Know When To Stop?
That is a very good question. How do you know when to stop at tax sales? The simple answer is that if you’ve done your research, you’ve answered this question before you start bidding. This applies to both online and in-person tax sales auctions. Each piece of property has a higher and better use, and your job is to find out what that use is. A house that needs to be demolished due to being a methamphetamine lab may be worthless to someone wanting to buy a house for themselves, but to a contractor who has an extra prefabricated house gathering dust, its a great investment.
