Submitted by Only_Cow6137 t3_11kmkd4 in personalfinance
A few years back I accidentally bid on and won 3 parcels of land (in the desert lol) and had to pay $700 each for them, plus $500 in back taxes. Yearly taxes between the 3 of them are quite cheap, only about $30 a year. I recently received a letter in the mail that a real estate investment company wants to buy one of the 3 parcels for almost $4k, and they'll cover any closing costs. Should I take the money and be happy with my small profits, or do you think they're hoping to get the parcel from me for cheap and maybe they'll pay much more?