*Loan,banking and credit>>>real estate tax

How do you purchase real estate that is being sold for back taxes?

the guy on tv, John beck, well he got me to thinking, I see default sells in our newspaper all the time, how does it work? I live in Missouri, is it different for each state?

Two things to keep in mind when you buy a home for back taxes. One is you buy it with all the liens on the property, so you should do a title search first. You could be inheriting a mortgage, or a mechanics lien of work performed that they did not pay for. Second, most people who buy tax sales make their money off the interest they make when the owner pays them back + interest. See when you buy a house at tax sale, the owner has one year to pay you back, with interest with in one year. So most people buy a lot of tax sale, not just one, and make money off the interest they receive when people pay them back.
Good luck, you may catch one that would be worth the effort, and if you are lucky, the owner wont pay you off in the redemption period.

Go to your local county courthouse and find out what property is coming up for sale, go look it over, if you are interested, ask someone in the tax office for information on how to bid on the property.