PRICING A TAX DELINQUENT INVESTMENT PROPERTY RIGHTFULLY

03 Nov PRICING A TAX DELINQUENT INVESTMENT PROPERTY RIGHTFULLY

What hikes the value of the tax delinquent investment property? By asking these simple yet relevant questions, you earn yourself more bases. You can now determine how much your offer will be to the seller and how much you will be offering it for sale. The advantage of this technique helps you gain more confidence and background about the tax delinquent investment.

After getting all the specifics like location, size, background and history of the property, it is now acceptable to ask about the amenities of the property. Now, is the best time to ask if the property has a paved or unpaved road access? Ask if the tax delinquent investment property also has electricity, water supply, and improvements in the property like fences, etc. Also ask if the property has a well, septic system or anything else like that. There is nothing to lose if you ask these questions. It is also important to know if the property is listed with the realtor by the owner. It’ll just direct you to the best person to talk to about the property. There are changes in the process that you normally go through if the property is listed. When you get all these information about the property, now it is wise to transact with your offer. You can either raise it or not. It all depends on what the property has to offer to the market.

Pricing a tax delinquent investment property rightfully gives you a chance to negotiate with either the owner or realtor. Though the owner and realtor are two different entities, your approach basically varies. The presence of additional amenities adds up to the tax delinquent property’s value. Base your pricing to what the property offers to target your specific, realistic and time bounded goals. There’s nothing to loose by making a low offer but, more to gain now.