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Updated almost 9 years ago,

User Stats

30
Posts
2
Votes
Christina Hall
  • Investor
  • Mineral Wells, WV
2
Votes |
30
Posts

Lets have a debate! "What would u do with this tax deed?"

Christina Hall
  • Investor
  • Mineral Wells, WV
Posted

This should be fun. Before I explain if anyone needs more details I am happy to provide.

I purchased a tax lien back in November 2014. The deed I got was/is part of 6 deeds that put together is a large business in our area.

I hired Lawyer T to preform the title work on this lien along with serval others. A couple weeks later he calls me and says he was the one that did the large business sale/transaction and some how they missed the deed I purchased. With my permission he would contact the new owners and give them the chance to make it right. Along with explain what happened. We did that with no response & I have optained the deed. 

Mean while I am at my regular lawyers office for a closing. We will call him Lawyer A. He seems to think the deed is valuable But he thinks I should hold it for 3 years first. 

Weirdly enough Lawyer T called me that same evening and in the middle of our conversation he says. I see you got the deed on that. He said it is useless and I should let it go back for taxes......Hmmmmmm? 

Here is a little more about the lot. If you would picture the map of the whole business as a dollar bill. My lot would be a dime sitting right in the middle of it all. I guess at one time it was a graveyard. What would you do if this was yours? I'm excited to see who is going to bebe on Team A or Team T

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