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Updated almost 2 years ago on . Most recent reply
#2 Real Estate Agent Contributor
- Real Estate Broker
- Coppell, TX
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Check water availability before you buy.... Diablo Grande has become a mess.
#2 Real Estate Agent Contributor
- Real Estate Broker
- Coppell, TX
Saw a similar deal like this in Texas a year or two ago. Lots in development, but no water. Local water source can't add meters/taps. Doesn't have enough money to drill deeper well. Water restrictions for existing home prohibit pool filling, car washing, lawn watering. Lots were all about 1/4 acre, but need a full acre to drill your own well and that's probably another $20,000 in expense.
Most Popular Reply
@Bruce Lynn I don't understand. Are you telling me that I have been lied to and that tax liens are not really risk free?
It says so right on the internet
Government guranteed return, no risk. Either I get high rate of interest on my money or a get a property for pennies on the dollar.