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Updated about 6 years ago,
Deliquent taxes and utilities on acquired property
Greetings to you all, hope you guys holiday was a blessing to you. I am in the process of acquiring a property w/ back taxes of $12,000 and unpaid utilities etc. as it was a investment from the previous owner, who I assume let it sit for a while which explains its current state, it is a distressed property, needs a full rehab and the proper attention could be lucrative for ones portfolio, as excited as i am to step into the realm of owning my 1st piece of real estate for little to nothing, i am kinda reluctant to follow thru finalizing the agreement in worry of hurting myself giving the situation. I would be honored to discuss with anyone my situation to help me conjure up a possible solution, the opportunity pretty much fell out of nowhere and i want to be optismistic about solving the issue, however I'd appreciate some experienced feedback of any kind that helps me.