Just a little back story. My great uncle passed away. my grandma, aunt and his son all are listed on the dude. The house is sitting there empty and no one in the family is helping her upkeep. She’s the only one paying property taxes and maintenance and is unable to sell the house because his son is listed and no one can get in contact with him. I’m working with her on getting a lawyer but wanted to get some insight. We’re in the process of getting a lawyer but has anyone else dealt with something like this? I was planning on buying it from her. My aunt and grandma said they are willing but if we aren’t able to find my cousin who is also listed, how could this play out? submitted by /u/KnowledgeMinute1035 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rcdm4x/responsibility_falling_on_my_75_year_old_grandma/
Everyone thinks 2008 is the ultimate blueprint for a housing crash, but the math points directly to 1926.
Most people forget that the 1929 stock market crash was preceded by the massive "Florida Land Bust" in 1926. Real estate froze first because the system ran out of credit liquidity, acting as the ultimate leading indicator for the broader collapse. Looking at today's frozen housing market and the silent commercial real estate defaults, it’s structurally identical to the 1925-1926 liquidity drain, not the 2008 subprime crisis. Does anyone else see this 100-year cyclical symmetry converging around 2026, or is the market truly "resilient" this time? submitted by /u/Prestigious_Mine_321 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1rcc2j1/everyone_thinks_2008_is_the_ultimate_blueprint/