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Tax Lien Forum
Moderated by: joel, ypochris, JohnLocke
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Real Estate Investing Forum Index / Tax Lien Forum / redemptions

Author

redemptions

buddy

48 Posts  
Member Since: 05/07/2002
Garland, TX
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Posted: 15:26 on 05-07-2002   
as a matter of fact, I just got back from tax sale here in Dallas. Unfortunately I didn't take enough cash to buy the property I wanted...and was outbid. Now I am thinking that I can contact the old owner (who moved back to France) and try to give him $1000 for his right to redeem. Does anyone know if such a plan is permitted. Can the owner sell and assign his redeeption right to me??

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Darren2

15 Posts  
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Posted: 05:45 on 08-05-2003   
He can sell you the property, then as the new owner you can pay the back taxes.

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tdelo56

86 Posts  
Member Since: 05/20/2003
Van Buren Township, MI
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Posted: 13:32 on 08-06-2003   
You mean the owner can sell the property to someone else without first redeming himself first?

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Posted: 20:55 on 08-06-2003   
The seller would be selling you all rights title and interest that they have in the property ,including the right to redeem. Sounds like you are on the right track working with the owner.

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