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Updated almost 3 years ago,

User Stats

115
Posts
49
Votes
Mariel DeVito
49
Votes |
115
Posts

How to make an offer to the seller when it is a Church

Mariel DeVito
Posted

Hello BP Friends - I put in an offer on my first multi family home (duplex) which happens to have a vacant lot next to it.  In looking at the deed, it appears that it was deeded to the church which is across the street twenty years ago as a vacant land.  It is still a vacant land.  I am interested in acquiring it.  Any advice on what to even offer the church for it?  It is 0.23 acre and the assessed value is about $38K.  It is not worth $38k to me.  Thoughts on how to make this deal work?  I'm sure that the church could use the money instead of the vacant land.  I can possibly swallow a $10k payment each year for three years, worst case scenario.

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