“The city is offering some abandoned properties for $1 but no one is buying because they want you to invest tens of thousands of dollars to fix the place up.”
They actually just want you to start contributing property taxes into the gubmint pot; I’m sure they’ll overlook any neglect of the property as long as they’re getting quarterly payments to pay the person who collects the quarterly payments.
They actually just want you to start contributing property taxes into the gubmint pot; I’m sure they’ll overlook any neglect of the property as long as they’re getting quarterly payments to pay the person who collects the quarterly payments.
I wonder if you were to buy one of these $1 properties if the assessment would be on $1 or on the value of the property when last occupied? Or if you need to pay all of the back taxes before you can buy the property for a dollar.