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Reply to "Why do abandoned houses exist? What’s the usual reason people just leave and never return? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I live next to two. One, the mom died and people inherited it. The other, a tree fell and and damaged the roof. The tenant moved out. The landlord doesn’t have the cash to repair it. [/quote] They own a home without basic insurance?? [/quote] I wouldn’t be remotely surprised if they got cash and didn’t use it on repairs. [/quote] Wow. Lots of sketchy people. OP, sometimes the family just leaves the property rot- they are holding out for as much money as possible. Think about it - if they are one of the original owners, maybe bought in McLean (for example) in the 1960’s - they probably paid about $30k back then. Now, the property might be worth over a million , for land alone- they are just going to let it sit there as long as possible. Worst that can happen, the county might get complaints about vermin or long grass. Sucks for the neighbors, especially if they have multi million dollar properties. [/quote] They must be paying the property taxes which would be over $5000 per year on a $500000 house.[/quote]
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