All Forum Posts by: Lee Scarlett

If you've already closed on the house I don't think there's much the son can do to get it back. There are rights of redemption in Florida but those are for foreclosures and tax lien sales. It sounds like this was a normal seller/buyer transaction, and that would have no right of redemption.

But definitely lawyer up, at least for a consultation. Sometimes a demand letter is enough to put these things to bed.

With me Knowing this family for many decades, how do you feel about me getting into a legal fight with them?

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Yes, that's correct, this was QCD.

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I bought a 5 B/R house in Jacksonville, Florida last Wednesday. The house had a fire & been sitting there since then, (mid 2019). There are 2 years property taxes owed. All of a sudden; within days of her signing the deed, the son claims he has paid the back taxes & plan to demolish the house & put up a quad. I checked; the taxes have not been paid.

I have known this family for many years & have a decent to good relationship with them. I did not get a chance to record the deed as yet because of time constraints last week & yesterday of course was a holiday.

I don’t think I have any legal obligation to undo this deal but…. Feedback pls..!!

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When you say 'back taxes', are they simply behind on property taxes or has the county foreclosed on the property and is now offering it for sale in an auction or post-auction setting?

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I think how works is... All land not own by a person, corporation or other entities; is automatically owned by some political division such as a county, a state or federal gov.

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Originally posted by @Mike Reynolds:

@Matt Schultze

First question should be is he licensed and bonded. Also ask about WC insurance. Not sure about the laws there but here it is not required by law. It can be your requirement though. Talk about budget early and come to a consensus. Ask about timetable and what critical path parts of the job will be.

Builders risk is the norm here. Not sure there.

Hi Matt,

You've gotten some great advice so far. One small thing I want to add. If you are reaching out by means of advertising etc, make sure you know if your county requires contractors be registered to work in that county.

Some counties have this kind of specification & you would need to adhere to that if you ever had an issue where you needed to involve the county on any level, It starts with getting the required permits. If the contractor is not registered in that county, then they cannot pull a permit. You also cannot pull your own permit once you intend to use the property for income purposes!

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Originally posted by @Marc Melo Snr:

@Lee Scarlett, would be able to send me this document, too?

I'm relocating from London, England to Jacksonville in the coming months and looking forward to invest in the city.

A lot of people told me to stay away from investing in the North Side of the city, do you agree with that? What about Springfield - that area seems to be alright for me, yet the prices are way low.

Any info will be greatly appreciated.

Cheers.

Hi Marc,

I am so sorry about the late response. I will be happy to answer your request!

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Jacksonville, Florida

Originally posted by @Chris Ntwali:

thank you everyone for your advice . @paul ellis im looking at saint johns ave . im trying to stay away form the ghetto , any recommendation

Hi Chris,

There are certainly good opportunities here. There is an out-of-state buyer I know where only concentrates on the 32205 (Murray Hill) zip code. Another buyer I know concentrates only on the 32257 zip code. Inventory and price are what you will find here. I will also send you a document I have prepared for investor like yourself who wants to know a little more about the market here!

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Jacksonville, Florida

Originally posted by @Tyrell Comer:

I meet with a city inspector today in a city I never renovated a house before. As we where walking through the house he told me I will need a building permit; he then asked me how much I will be putting into the house and then he told me the building permit will cost the same amount of my repairs. Please tell me if that has been your experience when applying for permits.

Hi Tyrell,

I'm he was either joking or you did not hear him correctly. Imagine $25k for a permit... How does that sound. Yeah, go to the permit office or just put in a call to them if the information is not available through a website!

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@Gino Barbaro

Very smart & helpful advice Gino... Also the OP can swallow the pill without chocking (metaphor)!

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All Forum Posts by: Lee Scarlett

Lee Scarlett has started 12 posts and replied 262 times.

Post: SELLER WANTS TO RENEGE DUE TO SON'S REQUEST

Post: SELLER WANTS TO RENEGE DUE TO SON'S REQUEST

Post: SELLER WANTS TO RENEGE DUE TO SON'S REQUEST

Post: Delinquent taxes property purchase

Post: Vacant Land trying to figure out how to acquire with no money

Post: Contractor Question

Post: how is the real estate market in jacksonville

Post: how is the real estate market in jacksonville

Post: Building Permits

Post: downpayment assistance