The Situation: The seller was unaware he still owned the property due to a botched foreclosure. However, he was still liable for the condition and it was a major issue for neighbors and local law enforcement
The Property: This is a 2004 ranch on a crawlspace with 3 beds & 2 baths. All of the HVAC and plumbing had been stolen from the home. There were squatters and termites in the property. Home needed major renovation.
Cash Sale! We bought out the owner’s interest and liability on the property with a quick, cash sale. We paid off the existing tax bills and pleased a lot of the neighbors in the process.
