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Updated over 9 years ago on . Most recent reply

User Stats

230
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113
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Bill Manassero
  • Rental Property Investor
  • Mission Viejo, CA
113
Votes |
230
Posts

Empty Home Strategies Needed

Bill Manassero
  • Rental Property Investor
  • Mission Viejo, CA
Posted

My brother has an empty home across the street that we both would like to buy.  It has been unoccupied at least 2 years.  Here are the facts:

  • My brother knows the owner who occasionally visits the house.  
  • Lawn and plants are overgrown and looks unkept.
  • He is divorced (house may be in both names).
  • The owner is nearly in foreclosure.
  • May be unpaid taxes.
  • When my brother asks him if he wants to sell he says, "not interested."

Has anyone out there encountered similar situations?  If so, what approach strategies would you recommend?

Thanks.

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