Free Land for Quik Claim.... Go No Go?

Question

In my many years of life ( non YET in investing ) I understand Free is not always FREE. I have an opportunity to obtain a Lot. - Gratis. 40x136. I can not build on it, but potentially, I can buy the parcel next door and build/ sell then.

The taxes are 60$ a year and I have a call in for information on the Title... Clouds... ( Liens ).

Is this all I need to concern myself with, the water in the area seems healthy, and no 'news' of 'Gas Leaks' in the news.

Thank you!

Any Help, and Thank you!

Account Closed · Answer

@Tracey PeraIs there any demand in the area that supports construction and property sales? Do you need the free land to but the property next door for a minimum build size? Any utilities? For environmental  concerns, it is recommended to get a phase 1 which in itself can run 1500 plus dollars to determine if the property has any environmental issues. As you indicated , also seeing if there are any liens. Those would be my preliminary thoughts for seeing what the next step is .

Tracey Pera · Answer

The owner says she took the post down. She is trying to sell it to the neighbors.

If this changes, I will let BP know.

Thanks Oz.

Tracey Pera · Answer

Thank you Jack, I decided it was a NO GO for this deal. It was going to be an issue for me. If anyone is interested it is in Lake Elsinore, CA and needs to be with the partial land APN next door. Going to auction possibly in July.

They may have 'given it away' by now.