04/16/2013 18:35
Subject: How to get rid of unwanted property?
Anonymous wrote:Just don't pay the taxes. A lien will be placed against the property. And eventually it will be sold at tax sale.
Won't this ruin their credit rating?
Anonymous
04/16/2013 18:33
Subject: How to get rid of unwanted property?
Talk to a real estate lawyer. You want to give up all rights and responsibility to the land. I can't imagine that you are obliged to it forever...
A real estate lawyer is your best bet, I think.
Anonymous
04/16/2013 18:09
Subject: Re:How to get rid of unwanted property?
OP here. Thanks so much! We have tried the adjacent neighbors, without success. The lot is in a sort of vacation community of retirees and second homes, which I think complicates things somewhat. As for not paying the taxes, DH and I both have clearances, so that's a no go.
Anonymous
04/16/2013 17:35
Subject: Re:How to get rid of unwanted property?
Anonymous wrote:Would the neighbors immediately adjacent want it? Like a way for them to create a larger yard.
This was my first thought. Alternatively, maybe the neighborhood would like it for a community garden or a pocket park. If there's an HA, contact them or mass mail the residents of the neighborhood.
Anonymous
04/16/2013 17:26
Subject: How to get rid of unwanted property?
Just don't pay the taxes. A lien will be placed against the property. And eventually it will be sold at tax sale.
Anonymous
04/16/2013 17:16
Subject: Re:How to get rid of unwanted property?
Would the neighbors immediately adjacent want it? Like a way for them to create a larger yard.
Anonymous
04/16/2013 16:53
Subject: How to get rid of unwanted property?
DH owns a plot of land out of state, in a quasi-vacation spot, which was deeded to him twenty or so years ago by his mother when he was in college because she could not afford the taxes. The land is in a community subdivision of sorts, which means that in addition to taxes we're on the hook for fees to the subdivision fees. We had the land on the market for a long time, at a sale price well under the tax-appraised value (which is about $5k), but had no takers. We've looked into donating the land, but because it's in a subdivision, the charities we've talked to don't want it (understandably). So now what? The taxes and fees are current, and we intend to keep them that way, but we'd rather not have this expense, we don't want the property, and nobody else seems to want the property either. Anyone have any ideas? Thanks!