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Updated over 6 years ago on . Most recent reply

User Stats

18
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0
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Pat A
  • Real Estate Investor
  • Los Angeles, CA
0
Votes |
18
Posts

Any use/value for 51K sq ft property with high voltage tower?

Pat A
  • Real Estate Investor
  • Los Angeles, CA
Posted

Hello,

I think I made mistake buying this lien certificates. But just in case, there is a way out ...... please let me know. 

I bought tax lien certificate for an empty land (51,000 sq ft) with high voltage electrical tower on. RM-3 zoning. This is a subdivision in townhome community (If I say it right). 

Assessor Office show a value of $175,000. Current tax is about $2000 per year. This is in Meza, Arizona.

Should I foreclose it or let the certificate expires and voided?

Thank you,

Most Popular Reply

User Stats

44
Posts
6
Votes
Maynhia Stott
  • Investor
  • Phoenix, AZ
6
Votes |
44
Posts
Maynhia Stott
  • Investor
  • Phoenix, AZ
Replied
We were complaining about the bad cell reception in our house so the cell phone company told us they could put a tower on our land for $800/month. check if that land generates income or can generate income for you.

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