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Updated over 6 years ago,
abandoned trailer home
I'm looking at purchasing a small trailer park. There are 2 trailers that are not owned by the park, but from the look of them, and what I was told, have been abandoned for a few years. I had been told that the owners had stopped paying rent, and just abandoned the homes.
Does Indiana provide a way to claim title on these, or do they need to go through an auction process? I had been thinking that if there was a way to take possession of them and obtain title, then at least one of them might be a good candidate to rehab.
If auction is required, what happens if they don't sell?
do I get to keep the proceeds?
Can anyone explain the process around this?