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Updated over 8 years ago,
Property in Jacksonville, Florida
Good evening BP'ers,
I have a client in NYC that has a property in Jacksonville, Florida which she inherited through a will and the property has been abandoned for several years and isn't in great shape (land has value)
However, the bank is owed money as well as accumulation of property tax and liens not totaling more then six figures. The client filed Chapter 7 bankruptcy which has been complete and she is not being bothered by what is owed on the property
Question is the client wants to sell the property and make any type of gain after paying off any outstanding balance owed on the property. Any advice regarding proceeding further with this matter will be greatly appreciated.
Thanks.