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Adam Spears
  • Real Estate Investor
  • The Dalles, OR
0
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18
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House on demolition list

Adam Spears
  • Real Estate Investor
  • The Dalles, OR
Posted Aug 6 2013, 11:49
I am currently in my due dilligence period of a purchase and just found out that the property I am looking at is on the city's demolition list, pretty far down the list so I do not see this happening in the near future. Does anyone have experience getting a property off the list with a stay order? How do I go about it, what are the "golden tickets" for fighting this in court? The property is structurally sound but has been vandilized and needs a lot of cleaning/updating. Any help would be greatly appreciated. Also, do you think this is grounds to renegotiate the purchase price? The price is 15% of the ARV.

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