The Seattle Times highlights the troubles of a group of people who bought land “sight-unseen” at an auction only to find out that the land they bought was not what they expected… Some highlights include:
- The guy who bought 640 acres of desert land in Nevada for $75,000 only to find out later that it is about a mile from the nearest road, and there is no easement across adjoining land for access.
- The guy (with photo) who bought land for his retirement home near the Skagit River, only to find out that the the town officials won’t let him build on the land because it is in a major flood plain.
I remember when the story of this action first made the press it was obvious to the casual reader that the land they were selling was not necessarily of the highest quality.
While we’re on off-beat real estate stories, check out this story on how NOT to handle an eviction notice from Behind the Mortgage…