Posted by Rick Harmon on December 01, 2005 at 17:04:43:
It’s usually much better (and more profitable) to spend your money locating a missing owner than to pay taxes/liens or fixing other problems on propety that you don’t own (yet).
I work abandoned property all of the time and there’s a lot that can go wrong, even when your intentions are good.
What efforts have you made to locate the owner(s)? Have you used skip tracing services? Talked to neighbors? Checked death records, probate courts, jails, etc.? Here are the big Six (6) reasons that people leave a house vacant:
- Drugs & alcohol
- Skip town to avoid something or someone
- Incarceration
- Severe mental & emotional problems
- Diminished capacity due to senility
- Deceased
Why not use this list to help you focus your efforts. If no success, email me privately.