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Updated about 3 years ago on . Most recent reply presented by

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Kendra Jones
  • Belleville, IL
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Trying To Save My Grandmother's House

Kendra Jones
  • Belleville, IL
Posted

Long story short..

A company has paid the taxes on my grandmother's house for the last 3 years across the river (ESTL). If taxes are not paid in 2 months the company will own the property for taxes.


Can't just pay the taxes because the person living there and not paying taxes on the house is not related to the family yet found their way onto the deed.


Is there a way to buy it as a tax buyer or once it has been bought by the company, by it from them?

This is not my area of expertise. But would like to save it if at all possible. Creative/strategic answers welcomed.
 

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,397
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Your grandmother can pay the taxes (and penalties) to redeem the house. Why don't you draw up an agreement with Grandma that says you'll pay the taxes and let grandma live there for the rest of her life if she deeds the property to you. You save the home and it's yours when she passes.

  • Nathan Gesner
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