Tax Late Leads
What happens when a property owner fails to pay their taxes? Find tax-late real estate at wholesale prices and off the retail grid. Every county has a treasurer responsible for collecting and tracking the payment of these property taxes. When people fail to pay their taxes, the Treasurer's Office creates a running list of delinquent tax notices. Sign up and get Tax Late Leads.
Property owners will be added to the tax delinquent list when they fail to pay their taxes. Once they're on this list, the county will initiate tax foreclosure proceedings after a sufficient period has passed. Find tax-late real estate at wholesale prices off the retail grid.
Tax Sale Model Works
Remember that if the property owner wants their name removed from this list, they can do so at any time by simply paying their property taxes (and any late fees incurred). If they pay these taxes before the county's drop date, they will maintain full property ownership.
This tax rate information constantly changes, with new names added and old names removed as people pay (or don't pay) their property taxes. Find owners of tax-late real estate and buy off the retail grid at wholesale prices. Properties auctioned off at the tax sale differ in price because of competition.
At many of these property auctions, the typical investor will have to bid against dozens of other hungry buyers, facing serious competition — a recipe for disaster. In many cases, these auctions can spiral out of control, resulting in bidding wars. The push-in price can often exceed its market value, so it is essential to find a good deal.
Deals with Tax-Late Real Estate Leads
You don't have an unfair advantage when fighting against dozens of competitors. When discussing a "Delinquent tax late list," it's essential to clarify what this list encompasses and what it does not. Property owners who owe back due taxes are motivated sellers. These properties are still privately owned by their respective owners. These individuals are just months (or weeks) away from losing their property outright if they do not take action. Now, here's the real kicker. Since the county hasn't yet auctioned these properties, the auction has published this information for the general public record. Tax Late Leads are real estate owners who are late on their taxes and are motivated sellers.
Unique Marketing for Tax-Late Real Estate Leads
Moreover, "The early bird gets the worm" and "The squeaky wheel gets the grease" are crucial to success. Finding the owner or person who can execute a deed is essential. Marketing to Tax Late Leads takes a different approach in marketing campaigns. Your Probate lead source, for example, starts with a unique 4-6 week mailing campaign. We recommend handwritten letters with colored envelopes and distinctive markings. Technology has arrived, and an effective way to communicate your intentions is with postcards featuring pictures of the real estate. Postcards are fast and exceptionally effective.
Marketing must include working with returned mail and people who change addresses over time. Databases, including government databases, courthouses, and property appraisers, to name a few, need to be updated or corrected with the information. Additionally, skip tracing is a tool that helps resolve address issues and phone number discrepancies, broadens your search, and provides more information. For example, if John Doe has three addresses, could you mail all three? Each lead source is marketed differently based on the life event it targets. We do not recommend contacting heirs initially. A high percentage of family members are in the grieving process. Other lead types require knocking on doors and, for this reason, require employing all necessary means to beat your competitor to the deal. What works for you depends on location demographics and other factors, including personal preferences.
Networking Tax Late Real Estate
Investors and others in the real estate profession attend meetups and clubs—an excellent resource for networking, whether for new or seasoned investors. Meet our staff and customers at an event nationwide—approved vendor at a National Real Estate Investors Association (REIA) event near you. See our calendar of upcoming EVENTS.
ForeclosuresDaily.com Difference
Supplying the industry's hottest off-market real estate leads. Many of our customers have referred us since 2004. Being first on the scene at warp speed with a real estate seller is what separates us from our competitors. Our data consists solely of real estate entering the wholesale market and leaving the retail grid. Our Products include Tax Late Leads. Conducting research will save you time, allowing you to focus on revenue-generating activities such as wholesaling, rehabbing, and flipping.
Furthermore, we gauge our success as a company by our customers' success. The last thing you want is to market to people with old data. We have heard horror stories of wasting time and money only to discover that the real estate had sold months earlier. Do not let it happen to you.
