I am looking for an auction site in the land of the free, home of the brave, in which I can bid on. In particular, I am looking for the site that offers the bids on back taxes.
A nobody I was talking with alerted me of this. He told me that you can buy the back taxes, charge an interest rate, and if they dont pay it, you take over the house.
Is this all bullshit?
Send me links. If its true, is this not a win-win? I mean putting up $5K, if they pay it back you get interest, if they dont you take over the real estate. Am I missing something?