[Cementjungle]

“If I sold this place today, I could probably get $300,000 for it, if anyone is crazy enough to buy. Last year, the county said this lot was worth almost a million,”

My recommendation is take your loss and sell now... I don't see things getting better any time soon.

[Greysard]

My recommendation is take your loss and sell now... I don't see things getting better any time soon.

A good question to ask is what value he is paying property taxes on? A million, or a quarter of that? Can he get a fair appraisal today? Because if he is forced to pay taxes as if he works in Paradise, that alone will make continued occupancy financially foolish.

[Ken H]

All he has to do is wait a year or two, then he can sell it for $1.

[dynachrome]

“county said this lot was worth almost a million,”

Think the property taxes will go down? ha.