Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

239
Posts
224
Votes
James Maradits
Pro Member
  • Real Estate Broker
  • Cleveland, OH
224
Votes |
239
Posts

Acquiring abandoned property

James Maradits
Pro Member
  • Real Estate Broker
  • Cleveland, OH
Posted

Hello all,

I am seeking advice on a unique situation. I am trying to figure out how to make a seemingly impossible deal happen for me.

The story:  There is an abandoned house in very close proximity to my primary residence.  The man who lived in the house died about a year ago.   The house belonged to his parents, who had passed away probably 20-30 years ago and he just continued to live there without ever transferring the title into his name.  The only living family member is a sister who didn't talk to the man who lived there and wants absolutely nothing to do with the situation and won't return calls. The house is in need of serious repair, but if it could be obtained cheaply I believe it could be a very profitable flip for me.

I have talked with the city the house is in and they were little to no help.  The taxes are overdue, however the county will not sell tax liens on an individual basis.

Is there any way to get a hold on this property before it sits for much longer or goes to tax auction in a few years after being vacant?  I have funding available to acquire and repair the property, but I am weary about paying high fees for legal advice that may or may not actually help me.

Any help would be greatly appreciated!

  • James Maradits
  • Loading replies...