Re: Georgia raw land tax sale - Posted by Ronald * Starr(in No CA)
Posted by Ronald * Starr(in No CA) on July 22, 2003 at 20:39:21:
Regarding first the last thing you talk about. Maybe the people at that company found out something bad about the property and don’t want ownership anymore. Why don’t you call them up and say you might be interested in buying and would they sell? You could ask for a property disclosure form if they are interested in selling. They may just wait until the last minute to pay the taxes. Maybe they are hoping some naive investor-to-be will contact them and overpay for it.
I’d say call and inquire.
When I don’t find deed references it is usually because the owner has owned the property for decades, from before the advent of computerized records. Perhaps the assessor’s office has old paper records for that property. Ask them. Otherwise, just do your title search further into the past. I remember about ten years ago seeing that the last deed to a property here in my count was about the time of World War II.
I suspect that you are right, the owner is likely dead. Can you check the vital stastistics office in the county? Is there a central state organization that keeps the abstracts of death certificates? Here in CA it is the CA Dept of Health. Also, check the social security administration death benefits records. They are now available for free online. At some geneology site and perhaps some other places.
Also, check the probate court in the county where the owner was last known to live.
You might try to look up nearby property owner records in the assessment role. Perhaps there is somebody that has lived nearby over twenty-five years and could give you info about the owner or relatives.
Try to find out who owns the property to which the tax bills are being mailed. If that person has owned the property a long time, perhaps they are a relative of the vacant land owner. If necessary, drive there if it is reasonably close and talk to longer-term neighbors there. Oh, wait, we have the internet don’t we? Rather than drive over, check out telephone numbers for people that live near the tax bill mailing address. Call them up.
I wonder if there is any legal way to get the big companies to not bid on the property? “Chilling the bid” is illegal here in CA, and I would assume that the same is so in GA. But, hmmm. What if you showed them that the owner is dead and thus if they buy the lien they will end up with the property? Of course, they might like that. If they are very much oriented toward the interest rate return, that might make it a smooth move to point out that the owner is dead. Then you buy the lien at the tax sale.
Good Investing and Good Investigating************Ron Starr************