Real Estate Investor FAQ
Answers To Your Questions

This Real Estate Investor FAQ page has been posted to answer your common and some not so common questions which have been asked. While some of the FAQ aren't exactly common, they are still of value and might be of use to some of my readers who are in other areas or states. If you have a real estate investor faq or just an interesting comment or question, let me know. The submission form is below.

P.S. There has recently been some F.S. and U.S.C. changes affecting superiority to issuance of a tax deed, certificate of title, Clerk fees, and federal liens. These updates can not be found on my site or anyone else's. This is, have to get information for tax deed, mortgage foreclosure and certificate investors.
Update To Info

Real Estate Investor FAQ
Oklahoma Tax Liens
thank you for doing all this, you're an amazing person,I'm trying to apply your info to oklahoma

Real Estate Investor FAQAnswer
Hey Gwen, thanks for the uplift.

I don't know much about Oklahoma but I ran a quick search and found some great information for you. Lien Sale instructions, Information, Publications. It seems that they don't conduct tax deed sales "auctions", only certificates. But that is a good thing in this case. If unredeemed, the certificate holder becomes the owner of the tax deed. The owner or party of interest has 2 years and 2 months to redeem, if unredeemed you own the tax deed. (unfortunately certificate only carries an 8% annual interest). The low interest rate may keep many investors out of the certificate market, meaning a greater opportunity for you. I would still stick with my certificate numbers I feel that expensive certificates would still pose an increased risk, stick to the middle of the road.

Word of caution, they apparently don't conduct a lien search at any point in the propcess. I took a quick look at the Clerk of Court's official records search page for Oklahoma County and it seems they are organized much the same way as Florida. So, if you follow along one of my research tutorials on official records research it will give you a leg up on title searches, grantor/grantee etc. I would assume that much like Florida everything is mandated by Statute therefore what you find in one county will be mirrored in others.

One more key, take a look at the county held certificates there may be some which have been held by the county for a while. It seems that certificates held by the county for 1 1/2 years result in sale of the property. I wonder what the document of conveyance is and is it an insurable conveyance? (Can you get title insurance) If the document of conveyance is a tax deed then there is additional legal actions which need be taken to obtain an insurable title, if the property is conveyed by certificate of title or county deed, you may not have to take additional actions. A title agent in OK should be able to answer the question, it may cost you $100 to actually get all your answers if you can talk to an underwriter who works for the title agent. It is worth it. Keep me posted as to your progress. If I can be of further service let me know. Real Estate Investor FAQ http://www.oklahomacounty.org/treasurer/LienSaleInfo2.htm

Have a question, here's your chance to ask.

Real Estate Investor FAQAnswer
Each of the counties of Hawaii: Hawaii, Mauai, Kauai, Kalawao and Honolulu hold tax deed sales. Tax deeds carry a 12% interest rate and can be redeemed for one year from the date of recording of the tax deed. Each county has discretion over procedural requirements for tax deed auctions.

Interesting Point, the redemption is negotiated between the tax deed purchaser and the property owner without county government involvement.

Interesting point, the recording of the tax deed is the responsibility of the tax deed purchaser and the one year redemption period begins upon recording of the conveyance.

For procedural requirements for County of Hawaii Tax Auctions and Hawaii County Tax Deed Sale Lists Look here

Hawaii Tax Sale Info/Hawaii Tax Deed Property List

Here is some information from Kauai County. See the Kauai Tax Sale Instructions Sheet/PDF which also has contact information for the other state of Hawaii Counties. I also found the same link to the information on the Maui Division of Taxation site as well.

Maui Tax Sale, Kauai Tax Deed Sale

Real Estate Investor FAQAnswer
I only know of one free source for bankruptcy leads (auctions) and it is from ABI, American Bankruptcy Institute, and the site is hosted by NABT, National Association of Bankruptcy Trustee's. Their site lists national bankruptcy auctions for cars, homes, land, receivables, notes, stock, time shares, boats, furniture, business goods, clothing, the best part is there is no fee for access or subscription to buy. Many sites link to them and charge you for their secret source.

Bankruptcy Leads, Auctions in Your Area Access IS FREE

Some good information on locating bankruptcy auctions and national auctions can be found in my National Sales/Auction pages on my site. There are a lot of free links there which can help you.

Real Estate Investor FAQ Answer
It seems at a quick glance that Kansas City is in Jackson County. Here are some great and helpful links.
Auction Info
Delinquent Lands Search
Jackson County Appraiser’s Office
Auction Protocol
Official Records Search, can locate mortgages, deeds, liens, etc

Prior RealEstateInvestingFAQ Page

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