Buying bank owned property with cell tower

by Buddy
(Montgomery, AL)

I am looking at a property that has been foreclosed on that has a cell tower on it with an upfront paid 25 year lease. Do I just have to accept that there is a tower on my property that I get nothing for or is there a way to renegotiate with the cell tower owner to rework the lease?

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Apr 09, 2014
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It depends....
by: Sean (Tower Genius)

We would need to see the specific lease to help you craft a strategy. There may be some terms that could help you get the tower owner back to the negotiating table sooner than the end of the 25 year term. Please give us a call as we need some additional site specific info so we can give you proper advice. Our initial consultation is free.

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