With $120,000 owed in back taxes due by you upon purchase. Also the structure is derelict and will have to be destroyed before anything can be done with it.

It seems to me that local governments must also have tons of properties to sell or give away. The real issue is that these are in places where people don't usually want to live.

So even as finance save person already in the building, it was impossible to figure out what I'd be getting/owing. Really ruined my taste for these things.

https://www.realestatesales.gov/

I hover the mouse over a dot and a pop-up appears nearby, but when move the mouse away from the dot to click the bubble, the bubble closes.

Edit: "Time Left NaNm", guess I should be quick.

A few hundred years ago, it was commonplace for the middle- and upper-classes to own large estates, and these estates were expected to be assets that earn money. You would hire staff, and tenant farmers, or have slaves or whatever cadres of workers to work the land, be shepherds, and basically produce revenue for the lords or owners of the estates. This was not only a UK phenomenon but continued in the USA.

Unfortunately, in modern times, there are zoning laws, business licensing, insurance, and many things to militate against homeowners using their homes as businesses or assets or generators of revenue. You can't exactly have a public entrance and signage in a HOA neighborhood and your neighbors gonna be pissed if random stranger-customers are pulling up in their cars all day and walking up to your front door to buy merchandise or to use a service that you offer from your private residence.

But nevertheless, this commercialization happens all the time. I didn't realize how crazy widespread it is until I started paying attention in Google Maps. There are dozens of "cottage industries" in every neighborhood. It's probably exactly the reason why "McMansions" and excessively large homes are popular, even as fertility shrinks and people aren't having kids, they still want room at home for their entrepreneurship and home office, doing whatever business they go into for themselves.

I have seen little family farms that sell "raw milk" and mutton and fresh eggs, basically on the DL for your Venmo or Cashapp payments. Across the valley there is literally an arms dealer who sells out of his garage, and only a few blocks from a school. There are people fighting their HOA, tooth and nail, because the HOA is enforcing their rules about signage, or giveaways, or something, and these people are even featured on the evening news and portrayed as "innocent HOA victim" when in fact, they're trying to illicitly run a business out of their garage and gin-up foot traffic for that business from passers-by in a SFH residential-zoned neighborhood.

So yeah, a home that your family lives in, that's in a residential-zoned area, of the United States, that's guaranteed to have "negative value" because you'll always be pouring money into its taxes, upkeep, and maintenance. And that's exactly why most homeowners decide to actually start a business and use that property, in a grey area, to earn money rather than throwing it all away.

So the blog post contradicts the entire premise of the site.

This is just an ad for their valuation service.

>back taxes

>asbestos

>shit hole places

>something wrong with it

>needs work

>jobs

>demand better of yourself

Love the last one. I'm reminded of an article I read yesterday, where the author complains about how all the affordable housing was built in low income areas! "Oh no! They built the affordable housing where the people who need it are at!! NOOO!"

https://citylimits.org/where-the-most-affordable-apartments-...