What causes owners to give up on certain property and let the property taxes accumulate and just don’t seem to care? In fact, they have such Delinquent Property Taxes that the tax office is soon going to put a lien up on the land. There are several reasons an owner would let the delinquent property taxes accumulate and not care if the tax office takes the land over.

The owner may have tried to sell before and had no results. He may believe the property cannot be sold.the owner tried to sell the property on his own for cash, with no financing. Getting bank financing on vacant land is harder than on homes, this only allows certain people to buy. After all, not many people have $5,000 , $10,0000 or $20,000 to pay on property. The owner may be absentee and has waited so long for the price of the property to go up and it never has.

Today there are people from all over the  US looking for real estate properties, and someone wants to buy that property.  The owner just doesn’t know how to market it. If you can talk to an owner that has outstanding delinquent property taxes owed, he will likely sell the property to you for not much more than the taxes. This can be a great opportunity for buyers.