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How do I get financing for a tax sale property?

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Jennifer Patrick, "Agent Jennifer"
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Jennifer Patrick, "Agent Jennifer"

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Financing options will depend on your personal credit profile and cash on hand. Generally most people arrange for financing before the tax sale with their bank, investor or mortgage lender. Depending upon the regulations in your county, a letter of qualification from your bank, stating that you are approved to purchase the property up to a certain dollar amount, is required before you can bid. Other counties require a bank representative to be present during the auction and to write the check.

In general the best place to start is to contact a mortgage provider to assess your credit profile from there you can determine which financing options suit your needs. If you need a referral, please let me know.

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Question How do I get financing for a tax sale property?

Latest answer by Jennifer Patrick
June 10

In Home Buying
1 Answer - 145 Views

Question Will you please give the comparable sales between 12/01/08 and 2/18/09 in the 95610 area?Thank you

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Question How do I get financing for a tax sale property?

Question Will you please give the comparable sales between 12/01/08 and 2/18/09 in the 95610 area?Thank you

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Question How do I get financing for a tax sale property?

Question Will you please give the comparable sales between 12/01/08 and 2/18/09 in the 95610 area?Thank you

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Guide List of Closing Costs and Fees

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