Mapping homes you can buy from the US government for <$100k
61–70 of 123 posts
Re: Mapping homes you can buy from the US government for <$100k
#62I've gained a taste for a yt channel that shows depopulated towns across the US. 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.
Not simply "don't want to live here", usually also "can't, there are no opportunities for income here". I know lots of people optimistic that remote work would upend this, but even the few still-fully-remote workers I know need to live in areas where they or their family can find non-remote jobs if ever necessary.
also likely very underdeveloped infra
Re: Mapping homes you can buy from the US government for <$100k
#63So the blog post contradicts the entire premise of the site.
This is just an ad for their valuation service.
Re: Mapping homes you can buy from the US government for <$100k
#64[dead]
Re: Mapping homes you can buy from the US government for <$100k
#65Earlier quoted context omitted.
Yes, sorry, the map UI could be better. You can zoom in to the state level, which hopefully will help a little with not losing context.
You still go back to the complete map when you navigate back out of a listing, so it doesn't really help much. The state-level zoom helps a little but it's not enough to distinguish markers in the same city, for example.
Re: Mapping homes you can buy from the US government for <$100k
#66Re: Mapping homes you can buy from the US government for <$100k
#67Earlier quoted context omitted.
Not simply "don't want to live here", usually also "can't, there are no opportunities for income here". I know lots of people optimistic that remote work would upend this, but even the few still-fully-remote workers I know need to live in areas where they or their family can find non-remote jobs if ever necessary.
Also, IME, places with no employers tend to be populated primarily by addicts, disability fraudsters, and other criminals.
Re: Mapping homes you can buy from the US government for <$100k
#68[dead]
> With $120,000 owed in back taxes due by you upon purchase. How does it work in the US? Are taxes on the property itself? This feels weird. I would have thought that the property can only be sold if everything is OK with it (no litigation, liens, etc), and taxes are owed by persons? Is it different over there?
Easements can be a huge headache too e.g. some utility may have an easement to come on your property at any time and do a whole list of activities to maintain a pipeline, or power line, or what have you.
Re: Mapping homes you can buy from the US government for <$100k
#69A 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.
Re: Mapping homes you can buy from the US government for <$100k
#70Earlier quoted context omitted.
> With $120,000 owed in back taxes due by you upon purchase. How does it work in the US? Are taxes on the property itself? This feels weird. I would have thought that the property can only be sold if everything is OK with it (no litigation, liens, etc), and taxes are owed by persons? Is it different over there?
> the property can only be sold if everything is OK with it (no litigation, liens, etc), and taxes are owed by persons? Is it different over there? This could vary by jurisdiction, but as I understand it, taxes and liens are attached to the property itself. "Clean title" can be a contingency of offer: buyer can back out and get back their earnest money (aka deposit) if the property has liens/encumbrances that are not…