I don't agree with this, but I really don't see the value in an unusually long lease either.

A .6 acre lot is not unusual and Atlanta is hilly and full of trees so a wooded lot is also very common.

If a property tax lien, double make sure that the mortgage co. hasn't already paid this off.It's sort of unusual for a mortgage company with such a big position ($410k) to allow a small $15k to exist and possible wipe away it's collateral.

You don't have to pay them at closing which is unusually 24 hours after auction but you need to take in account that you have to deal with them at a later time.2nd and most important fine print: make sure you know which position of the mortgage you are bidding.

The average sales price region-wide was $250,000, and the average time on the market was 49 days.In May 2019, by comparison, 762 homes sold in the area with an average sales price of $258,000 after an average of 54 days on the market.Number of sales and price climbed in the Huntsville-Madison County market, Athens-Limestone County market, Marshall and Dekalb county market and the Etowah-Cherokee county market.

That works out to $78.50 per month, and that's not unusual or exorbitant for combined water and sewer charges (in fact, where I live, I pay that much monthly for water only - we don't have sewer). $232 for 12 months of water would be a ridiculously low charge. 

J is right and property tax assessment isn't a good way to asses the value of a property, because it could be (and usually is) relevant to previous years (like 2006) where the market was in a total different form than what it is now.This reply is probably a bit late but judging by the information given here, this specific house is worth the min amount of 140k unless it went under some unusual disaster.

As Dion points out, you can have the right to review financials, unusual for a small loan especially where there is not a right to accelerate the loan upon the failure of management.

A friend of thought it was unusual that the lender insisted on an inspection.

Comparing this expansion to prior expansions shows that the length of this one is not unusual.