Ever dealt with crazy??? Bought tax deed & occupant is crazy.

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Ever dealt with crazy??? Bought tax deed & occupant is crazy.

Anastasia Jordan
Investor · Birmingham, AL · Member since 2016 · 446 posts · 305 votes

Summary:  Last year my business partner (who is no longer allowed to pick out houses) wanted to buy a tax property in Norwood (listening to his mother).  We road around for a good bit and it seems like all the good tax properties were already bought.  We put in a few applications on what was left.   

Got a price quote for $11k on an occupied house that looks like Fred Samford and the mutants from "The Hills Have Eyes" might live there. 

Petitioned the state to take $500.  

They accepted the $500.  

Business partner decides that he doesn't want the house after I pay for it.  

State now has this new stupid rule where you have to agree to not sell it back to the owner or anyone who had redemption rights. 

Made contact with occupant with see if we could resolve the matter. 

Occupant is crazy.  I am 100% sure if he were to get an eviction notice he would set the house on fire, after he kidnapped me first.  I want out.

Put some ads out on FB, giving full disclosure of the situation.  Several people have reached out to take this mess off my hands.

NEVER again will I buy an occupied house. 

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Robert Kennedy
Indn Spgs Vlg, AL · Member since 2017 · 11 posts · 5 votes
8y
Originally posted by @Anastasia Jordan:

 State now has this new stupid rule where you have to agree to not sell it back to the owner or anyone who had redemption rights.

I can understand the States reason for this rule. You purchased a Tax Deed on property that owed $11,000.00 in back taxes for $500.00. If you were to sell the property to the owner or anyone with redemption rights, then everyone could win on the transaction except the State. The property owner/ the people with redemption rights would save thousands of dollars on taxes they did not pay if you gave them a good deal on the Tax Deed. I feel sure there is a way to sell the tax deed to the owner or someone with redemption rights if they paid all the back taxes previously owed ($11,000.00 minus the $500.00 you paid) to the State. 

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  • Anastasia Jordan
    OP
    Investor · Birmingham, AL · Member since 2016 · 446 posts · 305 votes
    8y
    Originally posted by @Thomas S.:

    Make sure you have plenty of insurance on the property, issue the eviction notice, and hope he burns it to the ground. Hopefully with him in it. Win/win.

    If that doesn't work simply make him disappear, no one ever misses crazy people.

    $500 is not enough to warrant his disappearance. 

    I do not want to deal with evicting him.  I got my eyes on other properties in the area that are unoccupied. My energy levels are not high enough to deal with him or his nasty hoarder house of horrors. I want no parts of it.  No matter how much it is worth.

    *********************************************************

    Yesterday apparently he sobered up and called to apologize and wanted to meet me at the courthouse to take care of this matter.

    One hour later his attorney called me and ordered me to cease and desist contact with him.   I told her no problem!  I also explained to her the situation, told her I do not want the house, I can deed it over to her since she is his attorney, and if they don't make a move come Monday I'm selling it to someone who DOES want the property and who most likely will be filing an ejectment that day.    She did not appear concerned AT ALL.   Like I said, come Monday morning I'm washing my hands of this mess.

    0Reply
  • Joe Mclain
    Consultant · Ball Ground, GA · Member since 2015 · 228 posts · 100 votes
    8y

    Thanks for sharing.   Good to know that you willing to share these stories with your successes.

    Joe

    0Reply
  • Anastasia Jordan
    OP
    Investor · Birmingham, AL · Member since 2016 · 446 posts · 305 votes
    8y

    UPDATE:   Got rid of the house.

    Crazy man's boss calls me.  Said that she made contact with the company I sold it to. They are planning to meet and see if the matter can be resolved with him being able to keep the house.  His boss said that if need be, she will pay the back taxes.  (Kinda reminds me of Miss Minnie.....she's always been good to you people, lol)

    Now brace yourself for this one.............

    Turns out that the crazy man has been PAYING for this house for 20 YEARS under a lease-purchase agreement. 

    Y'all.....this house is in HORRIBLE CONDITION.  So far he has paid over $80,000 for this shack!!!  He said that the person he was buying the house from died and he has been paying the son.  Then in 2004 someone took out an $60k loan against the house (WTF??????).   

    I just don't understand. 

    2Reply
  • Robert Kennedy
    Indn Spgs Vlg, AL · Member since 2017 · 11 posts · 5 votes
    8y
    Originally posted by @Anastasia Jordan:

     State now has this new stupid rule where you have to agree to not sell it back to the owner or anyone who had redemption rights.

    I can understand the States reason for this rule. You purchased a Tax Deed on property that owed $11,000.00 in back taxes for $500.00. If you were to sell the property to the owner or anyone with redemption rights, then everyone could win on the transaction except the State. The property owner/ the people with redemption rights would save thousands of dollars on taxes they did not pay if you gave them a good deal on the Tax Deed. I feel sure there is a way to sell the tax deed to the owner or someone with redemption rights if they paid all the back taxes previously owed ($11,000.00 minus the $500.00 you paid) to the State. 

    3Reply
  • Anastasia Jordan
    OP
    Investor · Birmingham, AL · Member since 2016 · 446 posts · 305 votes
    8y
    Originally posted by @Robert Kennedy:

    That is what they would have to do to redeem the property. The State would get $10,500 & the purchaser would get their funky $500 back.

    0Reply
  • Anastasia Jordan
    OP
    Investor · Birmingham, AL · Member since 2016 · 446 posts · 305 votes
    8y

    UPDATE: Me & the lawyer I sold it too are being sued by the original owner, lol.  

    The lawyer I sold it too is filing a motion to have the case against me dismissed since I quit-claimed it to him.  I'm still showing up to court just to be nosey.  Much entertainment.........

    2Reply
  • Jim C.
    Investor · Soldotna, AK · Member since 2015 · 103 posts · 64 votes
    8y

    very entertaining

    0Reply
  • Bruce C.
    Seabrook/Galveston · Member since 2018 · 274 posts · 178 votes
    8y

    Well this was a fun read the night before I go to my first auction. 

    Any updates?

    0Reply
  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    8y

    Wait...you paid $500 for a shack and you're surprised to learn the occupant is crazy?

    The DIY Landlord Book4.7247 Reviews
    WebsiteView Page
    0Reply
  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    8y

    @Anastasia Jordan We should share crazy stories.

    I just had a nutcase that we foreclosed on. He fought us tooth and nail. When the day came for the eviction, the house was so bad the sheriff went back to his car to get booties for all of us to put over our shoes. 

    There was so much water damage from the hole in the roof that there was no more staircase to the upstairs. As you looked up all you could see is where the bathroom walls were as the floor was gone.  He had fans going in all the windows because of the stench of dog poop and mold.

    Well he called and wanted to know if he could go back inside to get his stuff.  I was thinking there was nothing in there I would dare touch much less want to keep! I have seen worse houses but not with someone living in it.

    0Reply
  • Anastasia Jordan
    OP
    Investor · Birmingham, AL · Member since 2016 · 446 posts · 305 votes
    6y

    UPDATE: The heir of the original owner redeemed. The crazy man still lives there.

    My attorney bought the empty lot next to the crazy man. Crazy man stores his hoard there too.  I just wholesaled the property on the other side of him.....that they crazy man has been hoarding junk inside. All hell might break loose again. But this is Norwood. Speculators are expecting quarter million dollar pay outs in this neighborhood. The risk is worth it. 

    1Reply
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