Researching Property Taxes
Most note investors check the mortgage but skip the one obligation that sits in front of every lien on the property. In this episode, we break down how to.
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What you'll learn:
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Why property taxes sit senior to every mortgage lien and what happens when they go unpaid long enough
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Why first lien investors must always check taxes — and when second lien investors need to pay closer attention than usual
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How to pull current tax status directly from the county website and why a dated screenshot belongs in every due diligence file
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The difference between tax lien states and tax deed states — and why the county process determines your timeline and your risk
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How delinquent taxes reduce your effective equity and why a discrepancy from what the seller represented should change your offer price
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