Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. This is provided for educational purposes only and is not legal advice. The following is an illustrative, composite example, not a real client, and any names are fictional. It does not describe or promise any particular outcome.
Meet a man we’ll call Roland. He inherited a share of a property in a rough, flood-prone spot. Frankly, it is hard to sell. On top of that, the taxes went unpaid, and a lawsuit named him. So Roland assumed he was stuck with a hard to sell property forever.
At first, the location worried him. After all, few people want land like that. Still, he did not want a lawyer or a court fight. Then he found a buyer anyway.
How Roland sold a hard to sell property
Roland owned only his own portion. So he did not have to market the whole property himself. Instead, a buyer who handles tough cases purchased his portion. Then the buyer took on the back taxes. After that, the buyer removed Roland’s name from the lawsuit. Because of that, the hard to sell property became someone else’s project.
Even better, the deal cost him nothing. Meanwhile, his relatives kept their own shares. Also, Roland signed from home, which kept it simple.
In the end, Roland let go of the hard to sell property for good. He owed nothing afterward. Now he carries no liability for the property, the taxes, or the lawsuit.
What this story shows:
Even a hard to sell property can move when you only handle your own portion.
A buyer purchases your share, takes the taxes, and removes your name, at no cost to you.
If you want to be bought out of the lawsuit and have your name removed, no cost to you, call or text us at (469) 708-8003 today.
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