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House Hunt in Lincoln
- Thread starter FLusker
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House Hunt in Lincoln
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Seems unlikely there are only glory holes in Arizona. Would bet California and Florida have tons of glory holes.
TampaBaySkers
Quarterback
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Tax liens? They are awesome.
If someone doesn’t pay their property tax then you pay on their behalf. The county needs the money for schools, police etc.
In Douglas county you get a 14% return. The home owner has three years to pay you back with interest. If they don’t pay you, then you can foreclose on them and take their house.
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I read this as Horse Hunt in Lincoln and was disappointed
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Essentially you pay the tax and they have so much time to pay it back before you get possession. Varies by state how much time. 3 years in Nebraska I think.
Usually ends up being a loan you get paid interest on. Especially if it has a mortgage. Bank isn't going to let it go for a couple years of tax. They'll foreclose first.
Generally only realistic to get a house if it's a piece of shit.
One of the RE agents can probably explain better.
TampaBaySkers
Quarterback
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Of course, but they don’t meet the high standards that only a bingo-managed glory hole center has
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TampaBaySkers
Quarterback
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True. 99% will pay you. It’s the awesome return is what is exciting.
Also - a good strategy to pickup land on the cheap. I think everyone should own a little bit of land before that Pedo, Bill Gates buys it all up.
Don’t make a rookie mistake like I did and bid on land that is land-locked (no road to land)
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Was one of them on Underwood Ave? House next door is vacant and property taxes were unpaid. My other neighbors were gonna pay them but someone beat them to the punch.
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Whoever paid the tax on the house next door to mine is in a great spot. It was purchased with cash and the owner is definitely cash strapped, because they just called my neighbor back and asked if he would buy it for what they paid (wayyyyyy over market, they paid $850k). He declined and said he would pay market for it, which they didn’t accept.
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I'm not in NE, but I got a house about 7 years ago on back taxes. Yes, it's an older house, in an older neighborhood (most of this town is very old so not a big deal here). Took at least a year, had to have an attorney do the quiet title stuff, but it worked. I looked at the rather large list of properties up for at least 3 years unpaid back taxes, then researched who owned the houses and picked what I thought was the house/owners who would not pay those back taxes (and interest) back to me. I should have done this for a couple more houses that the same people owned - they were very late on all their taxes (at least 3 years) on all 3 houses and they lost them all. I just figured paying more than one house' back taxes owned by the same people may have not looked good, so didn't do it. It cost me about 5 grand total to do this.
Anyway, the house is now worth 2.5 to 3 times what it was 7 years ago, and I am going to be sticking about 20 grand and my sweat equity in to it this summer and then flip it. That extra 20 grand or so of materials on the refurb work I do will add about another 80 grand worth of value, and that will get it to about 300K level, which houses at that price range fly off the shelf.
Anyway, the house is now worth 2.5 to 3 times what it was 7 years ago, and I am going to be sticking about 20 grand and my sweat equity in to it this summer and then flip it. That extra 20 grand or so of materials on the refurb work I do will add about another 80 grand worth of value, and that will get it to about 300K level, which houses at that price range fly off the shelf.
Toe
Wide Receiver
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Just in case one of you boys was looking for a nice quiet little place in the sandhills.
panhandle.newschannelnebraska.com
One of Nebraska’s most historic ranches hits the market
The Metzger Ranch — also known as the Abbott Ranch — spans 55,136 acres in the heart of the Sandhills in Cherry County.
panhandle.newschannelnebraska.com
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Yes pleaseJust in case one of you boys was looking for a nice quiet little place in the sandhills.
One of Nebraska’s most historic ranches hits the market
The Metzger Ranch — also known as the Abbott Ranch — spans 55,136 acres in the heart of the Sandhills in Cherry County.
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I’d be interested if the airplane hanger were a bit biggerJust in case one of you boys was looking for a nice quiet little place in the sandhills.
One of Nebraska’s most historic ranches hits the market
The Metzger Ranch — also known as the Abbott Ranch — spans 55,136 acres in the heart of the Sandhills in Cherry County.
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I know what you mean the wife and I have been looking at this place but it only has 12 garage spaces and only 3 guest houses.
7500 County Road 887, Gunnison, CO 81230 | MLS #814711 | Zillow
This 10000 square feet Single Family home has 8 bedrooms and 9 bathrooms. It is located at 7500 County Road 887, Gunnison, CO.
www.zillow.com
betsch
Safety
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I don't think my lawn mower can quite cover that.Just in case one of you boys was looking for a nice quiet little place in the sandhills.
One of Nebraska’s most historic ranches hits the market
The Metzger Ranch — also known as the Abbott Ranch — spans 55,136 acres in the heart of the Sandhills in Cherry County.
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