Vacant land is Land-Locked

[Lynn Henley]

I have an opportunity to purchase some acreage for just the back taxes. It's presently owned by 4 siblings, scattered all over the country. The property is local to me.

Here's the kicker ... the property is land-locked.

With that in mind, should I (1) purchase the property for the amount of the back taxes - about 25% of county tax assesed value; (2) option the property; or (3) forget about it, and move on. The exit strategy would be to try to resale it to one of the owners who's property joins this parcel.

Thanks.