Paying off taxes for “abandoned” but paid off homes in order to “buy” them?

An acquaintance told my family that he does this. He looks for homes that have been paid off, but are not occupied by anyone (people who moved oversees or perhaps out of the state, etc). He pays the taxes and then waits a year; if the original owners don’t pay the taxes, the home becomes legally his. If they pay the taxes, he simply gets a refund.

I can’t find any information about this online, and (honestly) I feel like this guy is just lying. Has anyone heard of this strategy before? We are based in SC.

submitted by /u/ohnoimreal
[link] [comments]

An acquaintance told my family that he does this. He looks for homes that have been paid off, but are not occupied by anyone (people who moved oversees or perhaps out of the state, etc). He pays the taxes and then waits a year; if the original owners don’t pay the taxes, the home becomes legally his. If they pay the taxes, he simply gets a refund. I can’t find any information about this online, and (honestly) I feel like this guy is just lying. Has anyone heard of this strategy before? We are based in SC. submitted by /u/ohnoimreal [link] [comments]

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