As in, how do houses and corporate buildings become abandoned? Were certain buildings never listed for sale? Or were they, but just never sold? How does something as big as an entire mall become abandoned?
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I know from experience with a hud contract, they buy property and flip it. However if there’s poor records,( a poorly performing department), and turnover some transactions become complicated to discern. Not saying they can’t but specific research has to be done in an understaffed department. I know I started to suspect that city decided our hud property was theirs to get developed. You quickly are disabused of anything that can cause a huge mess. To continue to dig I might have been wrong or right. I have no idea but it was going to be a huge problem that would have been decades old. And people currently lived there.
There’s an understanding in the contractor world not to get someone under a potential axe if they had zero to do with it. Known and should have known are big decisions points.
Why am I researching that property? It was in order of my list of city properties. That’ll cause tons of nightmares for everyone down to the tenants our job isn’t to displace people it’s to find property we hold and need to flip. Found one that another federal agency had to reimburse for though.
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