Tax deed sales - Posted by Jason

Posted by Ronald * Starr(in No CA) on December 16, 2002 at 17:09:55:

Jason----------

You indicate that you were "looking into it [and] found state state statu[t]es that … " I like that you are doing your research on the topic. I think this is a great way to go.

Your description of what you have done is a little vague to me. I suspect that you read the statutes on the internet, as that is an easy way to go. If I am correct, I suggest that you go to the county law library and do reading of books there. The “anotated” statutes tend to be easier to understand than the “black letter” law–the raw statutes with no commentary.

Also, you might find some book on the topic of liens, obligations, and collecting them and so on that will halp you understand things better. I have found law librarians to be very knowledgeable about where to find information and willing to help. Just indicate what you want to study, and you probably will be quickly set in the right direction.

I’d also suggest that you search the internet for NV treasurer’s offices’ websites. You may find some description there of the tax sales process and some of the descriptions might help enlighten you.

I don’t remember the “dispute the sale” law that you are referring to. It does not sound right to me. Could you please post the actual text, then I might be able to tell you what I think of it anyway. I’m not an attorney, but I am a tax sales investor and have bought a couple of propertise at the trust property sales in Clark County and a couple of other properties in other parts of NV. You’d be better off, probably, talking to a knowledgeable attorney. But, then, my answers are free.

Good Investing and Good InvestigatingRon Starr

Tax deed sales - Posted by Jason

Posted by Jason on December 16, 2002 at 01:31:37:

I invest preforeclosure in Las Vegas NV and have been thinking of getting into tax sales.While looking into it I found state statues that apply to liens that remain attached to the property after the sale. I looked them up and was unable to understand them.I also Understand that parties that hold an interest in the property can dispute the sale for up to a two year period. Does that mean that they contest the county or the person that bought the property.I am a little confused right now and would appreciate your experiance.

Thank you,
Jason