Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Detroit Homes?
Hi, my name is Brian and I use to be on here years ago, but some unfortunate things came up and forced me away for a few years. During this time I was given 2 homes in Detroit from a friend (at the time). I paid $495.00 to have both deeds put in my name. That's all I was out of pocket. However, I found out both houses have back taxes with Wayne's County. I've negotiated the taxes to about 25% of what I owe.
My questions are: Is it worth paying the back taxes? The houses look in heavily used shape and probably have been vacant for years. I looked up last sale on them and one was $1,100 and the other was $710! What should I do with these homes? I live between AZ and CA. Any thoughts or ideas would be greatly appreciated.
Locations:
12116 Burt Road, Detroit, MI 48228 - back taxes $7558.xx
11373 Camden, Detroit, MI 48213 - back taxes $6027.xx
Most Popular Reply
Brian,
I will be near Burt Rd tomorrow and I can drive by and let you know what I see and think. I will take a few pictures. I believe this is directly across the street from the golf course and a couple blocks from a new charter school but this is still Brightmoor or very close to Brightmoor. What was the address of the other property?