Tuesday, April 13, 2010
reBlog from hudpros.com: HudPros.com
To understand what a tax deed is, let’s back up and review how the tax sale is formed. Property taxes are imposed to help pay for cities, schools, and more. The entities depend on that revenue to meet their budget.
When property owners do not pay their taxes the entities still need the revenue. They do what they can to collect the back taxes, but sometimes all efforts are in vain. When this occurs they turn to investors for help.
The county will create a tax deed and sell it through an auction. The starting bid is usually the taxes owed plus fees. There are often fees added on top of the bid in addition to the winning bid.
The auction styles vary, but the price is bid up until the highest bidder wins. The winner of the auction will receive a deed in the mail usually within three weeks.
Some of the tax deeds have a redemption period where the owner that lost the property can pay the starting bid plus a set interest amount within a specified period of time.
Tax deeds are not offered at all tax sales. There are other instruments that can be offered at tax sales like tax liens which I will cover in another post. There are also auctions that are closed to the public. The tax deeds are only sold to banks and other large financial institutions in bulk.
If you are interested in getting started in
Wednesday, December 30, 2009
American Land Grab - The Process
Often times you will be riding down the street and you will see foreclosures signs or you will see the properties listed in the paper. Sometimes you even see auction signs. I guess this would be a time if you had the money to invest to go for it since you would be paying less money for a piece of property that is valued higher than what is owed.
Today just owning a piece of property puts you ahead of most people and if it is paid in full you are definitely doing something right and need to duplicate that step. Working with a company that does this for its specialty has some advantages, to include; American Land Grab has been able to fine tune the steps and process for you and have learned from any previous mishaps in the past on prior deals.
At least you know most of the hard work is done and the land is free and clear, the land is already owned by American Land Grab so the sales go through much quicker. There is also financing available for you. Of course like any other place there are rules and guidelines that apply and that would be expected otherwise wouldn’t you question their creditability.
Initially, you would go to the website www.AmericanLandGrab.com and select the location map to see what state is shaded. Then if interested you would select the state to see the pictures and prices listed to see if any were interesting to you. If so, you would read the details and decide if it was meant for you or did you want to wait for another day. This is where the decision comes in, do you want a vacation place or do you want to become a landlord and have rental property.
Investing In Property
Whenever someone talks about investing in property and real estate it makes me wonder where they will start. Sometimes I envision them heading for the internet and searching for land in the state they are interested in purchasing the property so they can get a starting price of what the real estate is running for, at this time.
Then I assume they would start to narrow the process down by seeing what is available in the government foreclosures section since it is known fact that there is property available and the bank is not making money by the land sitting there vacant being unused.
Another avenue is searching for real estate that has a tax deed because they have a clear title. These were things I learned from American Land Grab because before I would not have known some of the terms mentioned above. The research and leg work has been done and you can appreciate the customer service availability. Even on a Saturday with previous scheduling you will be able to talk to someone.
If you are able to search their website you are able to cut down on some of your own foot work and see what is available in the various states with the picture to go with the piece of property. The community description is available along with the demographics of the surrounding land. This saves you from having to ride out there initially to see what it looks like before you decide whether or not you have an interest to further investigate the real estate.
Through the week customer service is available for you Monday through Friday from 9-5. Everyone can use some type of help even if it is from a company, website, friends or co-workers on real estate that they have seen especially if they know you are interested in buying land. The goal is to find something you are happy with and something that will give back when it is time to move it along to the next person. No one wants to purchase property and lose money or sink a lot of cash into a place on repairs. This is where all the research helps.
Greg W. Anderson
www. AmericanLandGrab.com
Wednesday, October 28, 2009
American Land Grab - Buy Back Guaranty

Because this is for serious buyers we have put a few terms and conditions on this guaranty to both insure your success and protect us form the lazy.
Our guidelines have been established to give you a easy road map for you to profit from our tax deed or government foreclosed properties. Once you have decided to take advantage of the guaranty we will proved with an easy to follow road map or guidelines to follow.
We are so confidant that if you follow these steps you will be able to profit from our tax deed or government foreclosed properties that we Guaranty your success or we will buy the property back at the original purchase price.
American Land Grab
888-284-3370
www.americanlandgrab.com
Friday, October 16, 2009
American Land Grab has upgraded Fairfield Bay Arkansas to the #1 buy and hold property!
"When we first purchased tax deed properties in the area, this news was just whispered and residents just hoped this would happen" said Greg W. Anderson President of American Land Grab.
What is this great news you ask?
Recen
tly the Fairfield Bay Community Club has signed an agreement with Chesapeake Energy Corporation to allow the long awaited natural gas drilling operation under the Fairfield bay resort.
This arrangement started in 2005 and in 2006 the association voted to ban natural gas drilling, not to never allow it but to give the county the much needed time to write the legislation and regulation to govern drilling. In December of 2008 this legislation was completed which tightly regulates the conduct of Chesapeake Energy. This means that there is to be no unsightly mining operations and the community will remain one of the most beautiful areas in the country.
Why does this mean these properties are such a fantastic opportunity?
To start, the community club will receive a $1,500,000 signing bonus that is slated to be used in two ways. First they plan on spending the initial $500,000 to build a very nice hotel retreat in the resort which will be used to entice potential buyers to the area. Currently there are time shares and condo's in the resort but the community feels this will dramatically increase the amount of potential full time residents to the area. The balance, $1,000,000, will be used for infrastructure upgrades which will included bringing more city owned utilities to additional areas that currently require
a septic system or wells for water.
That's only the beginning! The Community Club will also receive a incredible 2% royalty for the entire life of the wells! This could bring in millions of dollars to the community club which, since it is owned by the home and property owners, will be spent on upgrades, attracting buyers, and items which will increase the property values dramatically. American Land Grab purchased several of these properties when they were available at the county tax sale. "Property owners will defiantly not allow these to go to tax sale next year and I am sure the ones that did last year are kicking themselves this year..." said Greg W. Anderson President of American Land Grab.
To learn more about FairField Bay and American Land Grab click here to view our Fairfield Bay properties starting $3,000.00!
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American Land Grab makes and foreclosed and tax deed properties easily accessible to you, the real estate investor. And we're not talking about junk properties in the bad part of town. We're talking about nice properties with many amenities: golf courses, lakes, shopping centers, restaurants, tennis clubs, full-service marina's and many others.
Many other real estate "gurus" will charge you thousands of dollars to teach you how to buy tax deed properties. Once you have exhausted their "knowledge" and head out on your own, you find:
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