Thanks for the quick response!!
I do know the back taxes are $403.00. When I talked to the property owner a few months ago, she said there weren't any leins, or second mortages. Of course I'm not going to just take her word for it.
So far, the only drawback I can find is a deed restriction. It states the property can only be used for residentual purposes. It's the only residentual property on the street. The attorney says it might be expired or easily changed. I still have a few weeks to do my research, so I wanted to make sure I covered everything, so I can make educated decision.
Thanks again for your help! - Tue Oct 7 2008, 19:09
My husband used to do grass cutting for boank owned properties. DH's friend worked at the bank, he knew we needed the extra cash, and he called and asked if DH would be interested in cutting the lawns.
So I think you could contact the mortgage managers and see if they need anyone.
Hope that helps! - Tue Oct 7 2008, 19:00
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