05-10-2019, 03:34 PM
(05-10-2019, 08:48 AM)Rainrider22 Wrote: They sold it back to the same owner at something like 30 cents on the dollar....maybe less I cant remember. Just a terrible situation...
If I recall, the city sold the property to the highest bidder. I think 1 bid was made, and it was made by the previous owner.
I believe that the property likely has negative value -- though obviously the owner believes that they'll get back more than they paid out. What a mess, though.