Lands from Repository List

[Arif Gungorur]

Hi
I have found lien-free, profitable, and buildable parcels of land from OTC (Over-the-Counter) lists in Pennsylvania after two months of thorough research. I conducted title searches to confirm there are no liens and double-checked with the county to ensure there are no outstanding debts. Additionally, I verified that the parcels are buildable and analyzed competitive market prices, which suggest high profit margins.

However, as this is my first time pursuing such an investment, I am uncertain about how quickly these properties can be sold after purchase. To avoid any missteps, I am seeking an experienced partner to help double-check my findings and potentially invest together. Thank you!

[Denise Evans]

Hi Arif, I can't help you, because Alabama law very different from Pennsylvania. But, nice to hear from you. I went to Owen J. Roberts High School. Allentown was one of our football rivals. We lived in the country, across the street from Welkinweir.

[Chris K.]

@Arif Gungorur

Make sure you check any HOA or development restrictions. Had a client who thought he had a deal of a lifetime. He checked everything but the HOA/development restrictions. Long story short, he ended up buying a worthless piece of land.

Not saying this is always the case. But properties typically end up in the repository list for a reason. Finding a deal on that list is challenging. 

Disclaimer: While I’m a licensed attorney, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.

[Arif Gungorur]

Quote from @Denise Evans:

Hi Arif, I can't help you, because Alabama law very different from Pennsylvania. But, nice to hear from you. I went to Owen J. Roberts High School. Allentown was one of our football rivals. We lived in the country, across the street from Welkinweir.

 Thank you Denise. Surely you had nice time in PA. 

[Arif Gungorur]

Quote from @Chris K.:

@Arif Gungorur

Make sure you check any HOA or development restrictions. Had a client who thought he had a deal of a lifetime. He checked everything but the HOA/development restrictions. Long story short, he ended up buying a worthless piece of land.

Not saying this is always the case. But properties typically end up in the repository list for a reason. Finding a deal on that list is challenging. 

Disclaimer: While I’m a licensed attorney, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.

 Really appreciated Chris. I admire your experience !