Last year was my first acution and i made a foolish mistake of purchasing two parcels of worthless land. I've tried the city, charity, giving away, any ideas? One is an acrea and a half in a nice subdivision, but it is Reserve B as a part of the master drainage plan according to the CCRs. However, the county sold it as residential property. The second is residential land, but it is very small...only 1600 sq ft or so. Any advice, outside of not to bid on these type of offerings in the future; i learned that lesson!
Put up a sigh " Future site of Bills chicken houses " put a contact number on it . When the neighbors see it they will be upset , offer to sell it to the HOA instead
@Shawn Z Stewart contact adjacent owners and see if there is any interest in them purchasing or just don’t pay the taxes on it and let the city have it back in 3-5 years.
What worries me about that is the ongoing liability that comes with owning a drainage ditch. It's truly such a waste, because it backs up to the valley center flood plain. Why not use that as residential property and use the flood plain for drainage. I don't get it. Yet, when i spoke to the city planner and a drainage engineer they said it would cost me an absolute fortune to redesign the drainage plan and then i would have to get it approved through the HOA and the city. Just a waste of 1.5 acres if you ask me. I don't even understand how they can auction it off. it should be rezoned as reserve land.
What worries me about that is the ongoing liability that comes with owning a drainage ditch. It's truly such a waste, because it backs up to the valley center flood plain. Why not use that as residential property and use the flood plain for drainage. I don't get it. Yet, when i spoke to the city planner and a drainage engineer they said it would cost me an absolute fortune to redesign the drainage plan and then i would have to get it approved through the HOA and the city. Just a waste of 1.5 acres if you ask me. I don't even understand how they can auction it off. it should be rezoned as reserve land.
SZS
Ready for this bad advice, put it back in an auction. Try McCurdy if you bought yours at a tax auction... Maybe someone else knows what to do with it. Lol. Not sure that was ethical. Use your discretion. I like @Jason Lavender idea, if you absolutely can’t recoup your initial investment and don’t want to pay the taxes or maintain it etc, stop paying and let the city take it back.
Put up a sigh " Future site of Bills chicken houses " put a contact number on it . When the neighbors see it they will be upset , offer to sell it to the HOA instead