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Updated over 6 years ago,
Owe More in Taxes than what the House is Worth
So I found this empty lot and looked it up on the county website and saw that they owed over $30,000 in taxes. My question how would someone go about pursuing the land if the land is only worth $13,000? The properties already in that neighborhood are going for big money not to mention the price for the new builds going up.
I haven't been in contact with the owner yet but is there a strategy that can be used here? Would other investors even be interested in this lot for a wholesale deal?
Thank you in advance.