Why Delinquent Tax Sellers are Problematic They are Dead (LA 1055)
Transcript:
Steven Butala: Steve and Jill here.
Jill DeWit: Hola.
Steven Butala: Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.
Jill DeWit: And I'm Jill DeWit from sunny southern California.
Steven Butala: Today Jill and I talk about why delinquent tax sellers are problematic, and it's usually because they're dead. I actually have a lot to say about this topic. There was an interesting lawsuit in Arizona, very recently, less than 12 months ago. I'll talk all about it during the show.
Jill DeWit: Cool.
Steven Butala: When people have passed away and they're the sole owner of a property and they have heirs, it's very difficult now in some states to foreclose without giving notice to the heirs. That all changed less than 12 months ago. I'll give all the details on the show here. But before we get into it, let's take a question posted by one of our members on the landinvestors.com online community, it's free.
Jill DeWit: Nick shares: "I plan on using PATLive for my second mailer." That tells me he got overwhelmed the first time, which is good. "I found it difficult to answer calls at work. With PATLive will I be able to call sellers back after work hours? Will the sellers find this unusual to receive calls after normal work hours? I don't want to give the impression that I'm a part time land investor, which I am. Or am I overthinking this?"
Steven Butala: So there's a ton of answers on this question.
Jill DeWit: Can I give mine first?
Steven Butala: Yes, I would love for you to, and then I chose one of the answers [crosstalk 00:01:31]
Jill DeWit: Okay. First of all, just so everybody knows and is clear, PATLive is a great solution and we really encourage people, especially in situations like this where you can't hire someone, maybe you don't have the budget to hire someone to answer your phone, or you are working a job. We have a great deal that we offer to our members, its 20% off. Which, by the way, I have to say, that's the most I could get out of them, is 20% of their normal rate. And so then what they told me was so cool, they said, "We'll give you 20% off if you want to keep 5, 10, 15%, give them whatever discount you want, you can do it."
Jill DeWit: But you know what, we're the kind of people, this is how we roll. We give our people the full 20% off. I don't get anything from it. I want our people to be successful and it's a good deal.
Steven Butala: Land Academy was put together by Jill and I to help people.
Jill DeWit: Exactly.
Steven Butala: To provide the data and the tools that we use to be successful buying and selling land. It's not a profit center for us, it never will be. The real benefit that we get out of it is providing these tools to you and educating you so you and I can go be business partners together long term and make tons and tons of money.
Jill DeWit: Ding ding.
Steven Butala: And so there's lots of people who have a different take on this out there, I'm noticing recently, that feel like they need to somehow participate in this from an education standpoint to their own benefit. And so it saddens Jill and I, quite honestly.
Jill DeWit: It does. It's not the right reasons.
Steven Butala: Yeah, we look at this like a .org and we always have.
Jill DeWit: It was a .org at one time. That's true. Maybe we should go back to that, we still have it. Okay. So here's one of Nick's comments from one of our members...