Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
City Owned Properites
While working on an Absentee yellow letter campaign, I came across a property on my list who's owner was the city where I live in. The mailing address led to the City's Financial Department in downtown.
What exactly does it mean when a city owns a property? What are ways they could have acquired it?
Also, should I remove this property from my list of mailers since it will be sent directly to the City?
Thanks in advance for any help/information.
-Val