Is Real Estate Investing for You? How to Buy Foreclosed or Tax Sale Properties (Legally & Ethically)

Interested in investing? Foreclosures and tax‑sale properties can be opportunities—but you must proceed with care:

1. Understand the Market Research local auctions and sales. Know state rules about redemption periods and title issues.

2. Do Title Research Foreclosed and tax auctioned properties might come with liens or encumbrances. Title insurance and clean title searches are critical.

3. Be Financially Prepared Most auctions require cash or cashier’s check and strict closing timelines—sometimes within 24 to 48 hours.

4. Know Your Exit Strategy Are you reselling, rehabbing, or renting? Have a plan before you bid.

5. Respect and Transparency Often, occupants or heirs are emotionally involved. Engage ethically and transparently—never exploit someone’s hardship.

Mercy Management doesn’t participate in bidding—but we work alongside ethical investors, helping them understand surplus rights and integrity in real estate dealings.