Did you know there’s a way to secure tax deed properties before they ever hit the auction block? Exploring Tax Deed Deals OUTSIDE Auction is a smart strategy that can open up unique opportunities and save you from fierce competition.
Why Explore Deals Outside Auctions?
Most people assume that attending the auction is the only way to snag a tax deed property, but that’s far from the truth. By targeting deals outside auctions, you can approach property owners directly, negotiate better terms, and avoid bidding wars that drive prices up.
The Step-by-Step Process on How To Get Tax Deed Deals OUTSIDE Of An Auction
Getting tax deed properties before the auction requires a combination of research, persistence, and negotiation skills. Here’s a glimpse into our proven system:
- Research the Property: Start by identifying properties with unpaid taxes using county tax records. Look for those at risk of auction, particularly in good locations or with signs of neglect. Use tools like GIS maps or tax roll lists to gather details like property value, zoning, and potential challenges.
- Contact the Owner: Once you have a list, reach out to owners through yellow letters or direct calls. Keep your message clear and empathetic—many owners face financial challenges and may appreciate your interest. Building trust is key to starting a productive conversation.
- Negotiate Terms: Work with the owner to create a deal that benefits both parties. Offer to cover back taxes or propose other solutions to ease their burden. Always conduct thorough due diligence to ensure there are no hidden liens or complications before finalizing the agreement.
We’ve developed a step-by-step approach that has allowed us to succeed in securing properties while bypassing the competitive auction environment.
Is This Method for Everyone?
This process isn’t for the faint of heart. It involves stepping out of your comfort zone, having conversations with property owners, and conducting thorough due diligence. However, the rewards can be significant—allowing you to find hidden gems at a fraction of the cost.
Check out the video above for a bird’s-eye view of our No-Auction Deals system, and click here for Yellow Letter Examples to get started.
-Dustin
