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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Know what you are buying!

Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorPosted Jul 21 2019, 17:10

This guy is challenging his purchase in court but I suspect the judge will dimiss his suit.

https://www.fox10phoenix.com/amp/news/us-world-news/man-says-florida-villa-he-bought-at-government-auction-turned-out-to-be-a-foot-wide-piece-of-land

  • Property Manager Wyoming (#12599)

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Brian Van Pelt
  • Specialist
  • Owings Mills, MD
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Brian Van Pelt
  • Specialist
  • Owings Mills, MD
Replied Jul 21 2019, 17:28

@Nathan Gesner

No one would ever buy a property without doing due diligence, would they ? Tax ID's are associated with properties at tax sales. Why would any want to match a tax id with a property ? What could go wrong ? I guess the .0005 acre property size on the tax sales sheet was not enough of a clue.

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied Jul 21 2019, 18:05

@Brian Van Pelt one minute could have saved him thousands.

  • Property Manager Wyoming (#12599)

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Nikki A.
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  • Columbus, OH
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Nikki A.
  • Specialist
  • Columbus, OH
Replied Jul 21 2019, 18:19

@Nathan G. That’s unfortunate, ouch. Thanks for sharing. This is why doing your homework beforehand is so important.

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Brian Van Pelt
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Brian Van Pelt
  • Specialist
  • Owings Mills, MD
Replied Jul 21 2019, 18:19

@Nathan Gesner

I don't know, Tiny homes are the in thing. Right ?

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied Jul 21 2019, 18:47

@Nathan Gesner Yeah I had to just SMH when I first saw this locally.  This popped up on BP a few weeks ago.  I couldn’t post the screenshots from my IPad, but on the actual online bid site were pull down links to the property appraiser......

The aerial clearly shows just a solid blue line between two villas, not a rectangle showing a regular lot, dimensions given were 1’x 50’, 50 sf, tax Land value of like $300, Building Value $0.

So yeah, it Must be the county’s fault......