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I am currently exploring the possibility of purchasing a fixer-upper property in the United States and find myself in need of a real estate lawyer. I think The property, priced at $5000, has significant damage and complications, including back taxes amounting to $30,000-$33,000.
While the sellers’ agent mentioned the property owner’s passing, my research reveals complexities with multiple names on the property and potential liens. I’ve contacted relevant parties in Pennsylvania, but the situation seems intricate due to system changes and years on the habitat.
My aim is to use the property for passive income in my first real estate venture, but I’m unsure about navigating this legally. The complexity involves obtaining information from various departments regarding the deed holder, back taxes, and liens.
Additionally, understanding the post-rehab market price is crucial. I’m seeking advice on the legal aspects and whether the property is a wise investment. Your insights would greatly help me navigate the red tape. Thank you for considering my situation.
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- 9 months ago
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