Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

12
Posts
3
Votes
Kim Rosinski
3
Votes |
12
Posts

Abandoned Properties/Deceased Owners

Kim Rosinski
Posted

I've stumbled on 3 abandoned homes recently near me. One home the husband passed, I did find the wife and asked if we can talk about the home, she offered it to me for full price?! After research she owes $5500 in back taxes. This time I sent message (she won't answer by phone but I get a response via social media) and shot her a price. NO answer. Waiting a few weeks and again, same price, no answer. 2nd home has black mold warnings on the front door, owner has passed. I called and sent a letter to the owners daughter, no reply. 3rd property, same area. Owner deceased, found 2 daughters and just sent them a message with my phone number since my letter went unanswered for this one. Are any of these worth pursuing? All homes worth $150-175k range (sorry, I'm new to this so don't know the proper terminology.) The market in this area is VERY hot right now. Illinois taxes have risen dramatically and a lot of people rushing my way (Indiana, 30 min south of Chicago) It sounds like there's a lot of legalities and it's a long shot getting these homes if there's no estate and on the last 2, I don't believe there is. Thoughts? Advice? Or anyone with experience interested in buying referrals? Ha ha.

Loading replies...