I’m losing a house to unpaid property taxes. Need help

[Rich O'Brien]

Hey folks, 

Due to a lot of depression and personal issues, I let my property taxes go unpaid for close to three years. I bought this house to flip for $190k and I own it outright. It is in an extremely desirable area in Watertown, CT. I have no creditors or liens besides the unpaid property tax bill. Which went from $14k to now $25k after it sold at auction for $220k on September 12th. I’m in the redemption period and it will go up 1.5% or $3,300 every 30 days for the next 5 months. I’m looking for someone to help me with my situation. I’ve had multiple people contact me and I’m looking for possible solutions. If you are interested or know somebody interested, please reach out. I fully understand there are consequences for my mistakes and I own up to that. I would just like to salvage what I can of my situation. Not just for my dignity, but for my family. Thanks so much.

Rich  

[Jay Hinrichs]

Quote from @Nathan Gesner:

Quote from @Rich O'Brien:

Talk to a lender immediately! You should be able to take out a small loan using the property as collateral. Use that loan to pay the back taxes and get things under control. Consider putting the property up for sale and get your life back on track, then try investing again.

bottom feeder investors are going to hammer this poor guy.. He needs  good RE broker to give him price its worth .. I think a sale is probably the best thing sell for what its worth dont let an investor suck him into some wholesaler suck his equity from him.. sell re group and move on..  is my advice.