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Updated about 11 years ago,
Property with fines on it
I am looking at a property for a fix and flip (or backup plan to rent). In talking with my realtor she mentioned that the property may have fines on it from the city (its in some bad shape).
Question: What city agency(s) should I be checking with to determine what fines are potentially out there on this property? As a follow up, what types of fines should I be looking for and could I assume that even city fines are up for negotiation as to the amount?
Any insight would be appreciated.
Thanks
Rob