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Updated over 2 years ago on . Most recent reply

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20
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Raymond Simms
3
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20
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Baltimore County Ground Rent, continue search for owner or wait?

Raymond Simms
Posted

I bought a property in March of this year, and can't get a hold of the ground rent owner.  What would you do in this situation?

I've looked up the ground rent owner and it is a poorly reviewed property manager company with several multi-family properties, when I called a listed number they had no idea of what I was talking about.  I pay legit bills when they come, but they're making it hard to give them money.  

It seems that the ground rent owner can only ask for 3 years of back ground rent, and can't take full possession of the house for missed payments.    Should I just wait until they reach out to me?

https://livebaltimore.com/resi...

I know that I can fully redeem it, but it doesn't make financial sense.  

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