[wmfights]

He was asking me if I would be interested in doing something like that, but I didn't say I was interested. I will check it out and see if what he says is true.

Smart approach, buyer beware. ;)

The one thing that I keep wondering is if he's picking up a property that had no mortgage for a few thousand dollars why didn't the prior owner borrow against it for the amount due on the taxes and sell it for whatever he/she could get?

[Star Traveler]

That’s a good question ... and the part that he may be “leaving out” is that there is a lien on the property (from the mortgage holder) even though he’s officially “the owner” ...

People do tend to leave out some “details” when they’re “telling a story” ... :-)