Those who have homes near busy roads may naturally view their locations as a detriment during the home-selling process. However, selling a residential real estate property on a high-traffic street offers several benefits. In addition, selling such a house is indeed possible in California.
When real estate owners fail to pay taxes over an extended period of time, they risk losing that property to a government auction. That appeared to be what happened when a homeowner's association failed to pay the bill for the common areas on Presidio Terrace. Residents of the street were alarmed to discover that The city of San Francisco had auctioned off the street to a San Jose couple for the low, low price of $90,000. Rather than accept the sale as the result of not paying your taxes for 30 years, the association filed a lawsuit and asked the San Francisco Board of Examiners to intervene. A majority of the Board found their claims compelling.