1 / 0

“The Texas 2-Step For Tax Sales” 2014

“The Texas 2-Step For Tax Sales” 2014. Disclaimer.

bill
Download Presentation

“The Texas 2-Step For Tax Sales” 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. “The Texas 2-Step For Tax Sales” 2014
  2. Disclaimer The information presented is designed to provide accurate and authoritative information in regard to the subject matter covered. It is offered with the understanding that the presenter is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert advice is required, the services of a competent professional should be sought. Calculations are given for learning purposes and should not be construed as projections nor guarantees. This material is not a substitute for legal advice.
  3. Why Texas Tax Sales Monthly sales-254 counties Buy for quarters on dollar Penalty rates of 25-50% for redemptions Redemption amount based on purchase price Plus additional fees and costs Full interest penalty, not pro-rated Super priority position for tax lien Immediately entitled to rental income Numerous after auction possibilities
  4. Why isn’t everyone doing it?
  5. “It isn’t easy” Lack of knowledge Too much work Too time consuming No one source to go to
  6. A Turnkey Solution
  7. From Texas Tax Sales Resource Group, LLC

    Here is what we provide our “Priority Members”
  8. All counties screened for property tax sales Property lists scrubbed to find those that meet parameters Research to get data necessary to make decisions Due diligence on potential purchases Property visits and pictures Auction preparation and representation Recording, securing, and insuring purchases Converting purchases to cash flow Property management Unlimited consultations
  9. UNKNOWNS When Bidding
  10. We Want to Remove as many of the Unknowns as we can.
  11. Texas Two-Stepfor Tax Sales
  12. Step One-We Buy the Properties Step Two You Choose the Ones You Want Step Two-You Choose the Ones You Want
  13. THE UNKNOWNS? Will the property be paid off before the sale? Will you get outbid at the auction? Is the house vacant or occupied? Is the former owner considering redemption? What is the condition of the property inside? What will be your total out of pocket cost? What is the rent? What will the cash flow be?
  14. How It Works You must be a Priority Member One time $2,500 registration fee You should have a Chase bank account You make a $20,000 good faith deposit We purchase properties (Step 1) We gather info and report to you You choose the ones you want (Step 2) Sample…
  15. Recent Announcement Special Financing for tax sale houses available for 2-Steppers No qualifying No points No prepayment penalties Up to 50% of out of pocket costs financed
  16. What Next? Contact us with questions Request a Priority Member Package Read the package, contact us if questions Send us filled out paperwork Transfer Membership Fee to us Make Good Faith Deposit Select Purchases from next 2-Step list
  17. Contact Us arnie@txtaxsales.com 214-869-7188 joe@txtaxsales.com 817-713-8124 www.txtaxsales.com
More Related