I wonder how much in back taxes the new owner owes?
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Actually, she did not buy a house, she bought the opportunity to pay real estate taxes
Up here in Michigan I have been watching an interesting trend...well perhaps not a trend, say a minor social miracle. People in the suburbs of Detroit who have been hit hard by job and home loss have been moving back into the city. It seems they need some sort of anchor, in this case a Catholic church that has weathered the great flight out of the city, but they are now willing to give Detroit a chance. Yes, they give it a chance out of desperation but then that is sometimes how real change happens, tentatively. Most of the homes, well built for cold winters, can be had for the price of the taxes or for under $10,000. Homes that would sell anywhere else in suburban Detroit for 100,000 to 150,000 dollars, (not now perhaps but less than a year ago), are being purchased and fixed up. I hope this phenomena continues. Detroit gets slammed all the time but there are still great people in this beleaguered city who work hard and try to improve their neighborhoods.
1) Pay for property and back taxes - $850.
2) Petition the County to reassess the property for the fair market value, $2. Being sold on ebay with the auction open for a week or 2 it would be difficult for the county to debate. - No continuing taxes. HA!
3) Pull permits, $500.
4) Collapse the house. She has to do this herself because it's expensive to have demolition work done as opposed to clean-up. If she has a trailer hitch on her car, she can pull the corners out from under the house. $100.
5) Hire 3 guys with an old pickup, a trailer (and insurance) to haul away all the debris. $1600.
6) Have the city replace the sidewalk and driveway approach on the right-of-way. Municipalities do this and charge it back to the property owner. Usually it is very reasonable because the work is on city land and the cost is split or reduced. $1750
7)Plant grass and keep it mowed. $1200.
Total cost $6000. Don't know what building lots go for in Saginaw. She'll have to get 3x to make it worth her time, about $18,000.
Here is a picture of the house,built in 1884.