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Updated over 4 years ago,
Owner Won’t Sale Abandoned Home
Hey BP Community, just wanted to ask a question and hopefully gain some insight.
I’m in Modesto, CA and there’s a property on my block that I want to purchase because it’s been empty for probably 10-20+ years. I did some digging around and found out that the owner died but that someone was paying taxes on the property every 4-5 years right before it goes to auction.
I found the elderly lady that is still in possession of the property and I made her an offer to buy it. Mind you the property is in need of heavy rehab as well as the landscape.
She denied my offer and I let her know how bad her property is because she didn’t even know herself. She said that it’s not on her priority of things to worry about.
I really want to rehab the property and flip it or rent it out but how do I get the elderly woman to make a deal with me that’s reasonable?
Also I’m sure there are drug addicts or homeless going in and out of the property that has fire damage.