Buying Liens On Property Review

: You typically cannot inspect the interior; the property might be worthless or environmentally contaminated.

: You can start with as little as a few hundred dollars. Cons :

: The owner pays, and you receive your principal back plus interest.

Auctions are held in person or online and typically follow one of two formats:

: Research the property's market value, boundaries, and any surviving liens (like IRS or HOA liens) that might complicate a foreclosure.