All Forum Posts by: Jack Raine

The majority of the structure is on the lot, 111 Albion, but it spans into the adjacent lot. This is up for Tax auction this week. How much of a headache is this?

If this is legitimately one of the rare cases where someone built a house on someone else's property this would likely be resolved by adverse possession. The house looks older than 20 years. In GA adverse possession is 20 years. So the owner of the house could hire an attorney and file a lawsuit to take legal ownership of the portion of the neighboring lot that his house is on / fenced, if the house has been there for over 20 years. Looks like it would only take about 20-30' from the vacant lot. You could also buy the lot and sell the owner of the house that portion for an amount that is less than what he would pay in legal costs... that would be a win win.

I like this "arbitrage" solution!

0 Votes

Savannah, Georgia

Quote from @Will Sifert:

Quote from @Jack Raine:

Quote from @Richard Elvin:

Here's the record card, if the link works. It's just a lot, no house.
https://www.chathamtax.org/PT/Datalets/PrintDatalet.aspx?pin...

So, fun update: GIS also makes it pretty clear that the property line "definitely" through the adjacent lot's structure - one might even say the majority of the "adjacent" lots structure is on 111 albion lot. I did drive it, the notice sign was placed in the appropriate lot. So you would definitely be purchasing the deed to a disputed property - I'd feel confident saying, at the very least, a buyer intending to clear the title would eventually be conceding a large portion (if you consider set backs etc) to the property owner of the structure - I am 100% talking out of my *** with that statement though, I'm not a real estate lawyer and only the most vanilla/conventional of real estate investors (that is to say green/inexperienced).

Here's the fun part! I stuck around at the auction to see this property's bid. The owner occupants of the adjacent property showed up to the auction to buy the deed. The county allowed them to make an announcement requesting that no one bid against them as they have tried to buy the property for many years simply to clear up the property dispute. Auctioneer followed up with "this is not a chill on your auction. Everyone here has the legal right to bid on it. But everyone ought to know the property line goes through their living room". No one bid against them.

The rest of the auction was pretty wild. Probably 100+ paddles, bids that seemed pretty exorbitant for most properties, and I got to see the "land bank shenanigans" first hand - even spoke to the commissioner about it who was vocally opposed to their presence; she apparently attends the bank's board meetings to protest their operation.

Send me a link where you are seeing this. It’s not impossible but 99 out of 100 times the lines are wrong or you are doing something wrong vs some one built a house half on someone else’s property.

...in the quoted message, follow the link in the first paragraph, plug the parcel number into the SAGIS. I was also present at the auction where the lot line issue was verified by both the owners of the residence, and the county.

0 Votes

Savannah, Georgia

Quote from @Arthur Schwartz:

Thank you! I like this post and the discussions! I would probably have asked for a title search and or a surveyor's map. It's not such a big cost. Thanks!

Where would you have procured the map.from? Savannah provides GIS access

0 Votes

Savannah, Georgia

Ya, the "do the research/work/legwork" really seems like the move. And obviously, finding a mentor.

The guy I met at the auction today told me at the previous one, a bunch of lots in the vicinity of the shiny (literally) new stadium in SAV went for 5x market value because of the development opportunity for STRs.

Plus it's just a damn cool town.

2 Votes

Savannah, Georgia

Quote from @Richard Elvin:

@Bruce Lynn I'm working towards that! lol
I love sleuthing through tax records, kinda weird that way, but I've always wanted to know the background on a house before I put in an offer. So digging through data is second nature at this point. Anytime I'm looking at data I want the legal parcel number to match what I'm looking at. I was looking at a house listed on the tax sale in Athens, 45 minutes north of me, and something didn't add up. The property was listed at a starting bid that was too low for the ~$365k decent looking house. After some digging, what was actually being auctioned wasn't the house, it was a decrept former gas station. The address listed on the tax sale was the former gas station owner's home address. I'm betting someone overpaid for a enviromental nightmare on that one!

There's not a lot of tax sales in the area's I'm interested in, Bradley/Polk/Mcminn Counties of TN. So I can pretty easily research almost every property that comes up.

I'm really new to this, so if there's anything books/learning materials you would recommend I'm interested in learning!

It seems like all the "good books/resources" are pay to play courses? - I'm also, obviously, new.

Met a guy at this auction though that's just up the road from me. He has won a few bids. NONE were redeemed. He thinks most, in the Savannah area, are not. Which goes against ALL the conventional wisdom. Buy maybe makes the "overpriced" and competitive nature of the auction I saw today make a little more sense.

1 Vote

Savannah, Georgia

Quote from @Richard Elvin:

Here's the record card, if the link works. It's just a lot, no house.
https://www.chathamtax.org/PT/Datalets/PrintDatalet.aspx?pin...

1 Vote

Savannah, Georgia

Quote from @Richard Elvin:

Do you have a link to the auction?

I think someone is going to overpay for this without having done their due diligence... (Not the OP, just someone in general)

Haha hey don't underestimate my stupidity sir, I've still got time to overpay! I drove by today - it looks the same from the street with my mk1 eyeballs. It's in person, but here's the link to the sales sheet:

https://cms.chathamcountyga.gov/api/assets/taxcommissioner/7e9e9f65-456b-47c5-b74c-86cc9b66de8c?download=0

0 Votes

Savannah, Georgia

Quote from @Chris Seveney:

Quote from @Jack Raine:

Quote from @Chris Seveney:

@Jack Raine

How do you know this? Did you have a survey done?

I did not. I just looked at lot line overlays. It's not "close" its pretty egregious.

....can "anyone" get a survey done of a parcel? This is a tax sale.

Those lot line overlays are 100% inaccurate. Its like relying on a zillow estimate. It shows my house built across property lines, and I built my house and have 15' setbacks...

I know they're inaccurate, but are they this inaccurate? I suppose your example proves they can be.

However, if you don't own the adjacent parcel(s), how do you go about getting it surveyed?

0 Votes

Savannah, Georgia

Quote from @Account Closed:

Quote from @Jack Raine:

Quote from @Account Closed:

Quote from @Jack Raine:

Check this out:

https://www.zillow.com/homedetails/111-Albion-St-Savannah-GA...

The majority of the structure is on the lot, 111 Albion, but it spans into the adjacent lot. This is up for Tax auction this week. How much of a headache is this?

Could be a problem. Are both lots included in the tax sale? It may be a separate tax number.

Nope. Coincidentally the lot across the street is. More of a geewhiz than providing any value to this conversation.

Heheheh old areas of the country have that kind of thing happen. Personally, I'd move on to something that has less drama.

That's what I was thinking 👍. I'll see what it goes for at the auction though.

1 Vote

Savannah, Georgia

Quote from @Chris Seveney:

@Jack Raine

How do you know this? Did you have a survey done?

I did not. I just looked at lot line overlays. It's not "close" its pretty egregious.

....can "anyone" get a survey done of a parcel? This is a tax sale.

0 Votes

Savannah, Georgia

All Forum Posts by: Jack Raine

Jack Raine has started 2 posts and replied 21 times.

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure

Post: Property on Tax Sale has ~half of a structure