StrainHunter, if you meant 'you lose it all' to mean the land only I agree, under NO circumstances would you lose your cash investment as the back taxes must be paid directly to you.
point clarified.......
StrainHunter, if you meant 'you lose it all' to mean the land only I agree, under NO circumstances would you lose your cash investment as the back taxes must be paid directly to you.
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The remaining 1/4 I was "paid back" the taxes + interest and "lost" the land associated.
I notice you NEVER miss an opportunity to stir up some shit.fascinating
Septic systems run 25K and up.You could always just have your kids/partner shit in the woods.
Dislexus- quit being useless.
To everyone else- Damn! theres some GOOD info in here... I will have to re-read this thread again.
If anyone else has anything to add...
After some googling, I was thinking of looking a Wester NC or Easters Ky? But I have brown skin and KY scares me a bit... I am currently in FL and may just go North FL.
WNC, trust me, and not because of your skin color.
I'm not sold on buying completely unimproved raw land.Like the gentleman above, who's actually done it has said, buy something with a potable well already, maybe an old building or two.
Septic systems run 25K and up.You could always just have your kids/partner shit in the woods.
I think some people are under the impression that they're just going to do whatever they want with/on their property.
That's just not the case,sadly.
But keep in mind it will take 7 years until that land actually becomes yours.
Until then if the rightful owner pays those "back taxes" w/interest you'll lose it all.
...... you are both talking about completely different things..
Strainhunter is referring to tax lien certificates, of which what he is saying is true.
Stoner4life is talking about property actually owned by cities etc that you really do take ownership usually by paying something nominal like $1 + property back taxes.
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Relax fellas, im pretty sure you are both talking about completely different things..
Strainhunter is referring to tax lien certificates, of which what he is saying is true.
Stoner4life is talking about property actually owned by cities etc that you really do take ownership usually by paying something nominal like $1 + property back taxes. There are thousands of homes like this in Detroit!
Two different things here guys, just confusion on semantics
I even managed to swap deeded access across my land to a state trail in exchange for 1/3 of an acre expanding my commercial sq footage. As a legal access point to the Paul Bunyan State Trail system I'm assured a certain amount of commercial traffic through my place.