Foreclosures, REO and Tax sale properties in Springfield, MO

[Hillman]

I bought some property for Back Taxes not foreclosure.I tried Selling it.Even though I had a Tax Deed from the Courthouse I couldn't do anything with this place without going through the Courts which is going to cost me more than the property is worth.

The only way I can without going through the Courts is to hang on to it for 25 years after date of Purchase,not from the time they quit paying Taxes which is 13 years now.

I know messed up but thats what the :Lawyer said.Just something to think about.

hillman

[OneDayAttaTime]

Springfield Mo interest free (0%) loan for down payment on foreclosed homes will be forgiven after 5 years

Missouri Housing Development Commission (MHDC) Missouri Housing Development Commission Down Payment for Qualified Home Buyers who purchase foreclosed property to be used as the owner’s principal residence and receive up to 20% of the purchase price of the home, interest free-- which is forgiven after five years.


First-time homebuyers using NSP funds are also eligible to receive the $8,000 federal tax credit for first-time homebuyers if the home is purchased prior to December 1, 2009. First-time homebuyers claim the tax credit on their federal income tax return.