Potential development opportunity. The property is adjacent to city lots and vacant land and is zoned for general commercial use. It used to have a house on it, so there is likely a water, sewer, and gas hookup. If you assume the $2000 of back taxes and pay it down with a tax repayment plan at the county, you get at least two years of interest-free payments and reduce the cash-to-close to around 4000. The seller is the real estate agent. The seller wants to net around $3000 from the sale after all taxes and closing costs are paid.