Started by flyingvan, June 10, 2012, 12:12:34 PM
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Quote from: flyingvan on June 10, 2012, 12:12:34 PM Warning----the specifics here are very regional, and your area will differ a bit. There are a few alternatives to the real estate office when you're ready to buy land. In real estate, if you gravitate towards the most hassle, you also save the most money---and learn a lot in the process. Method #1---Probate. The Cuyamaca Cottage sits on land bought through a probate sale. I got it for about 30% market value. There are many ways to find them---after you know what area you like, go to the probate court clerk in the area and ask for a print out of proceedings that include real estate ( might have to pay a fee). Sometimes local realtors know, especially in rural areas. I found mine in the back page of the local paper buried deep in the 'public notices'. They are cheap because heirs of estates typically just want to liquidate everything... I searched the address for the APN, did the tax bill search which is public domain, found their names, and made an offer. It took three offers---a suitcase full of cash and all paperwork filled out presented in person the day after Christmas convinced them)