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Updated about 13 years ago,
Letting the owner stay for free
I came across a house in one of my areas. The owners are old, late 80s, and they owe $5600 in property taxes. I would like to offer to pay their taxes and let them live their for free if they signed the house over to me. The house is worth around $60000. Is this a good plan? I'd feel like the grimm reaper because I'd be waiting for them to die.