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REDEVELOPMENT AUTHORITY OF THE COUNTY OF ARMSTRONG LAND BANK (RACA Land Bank) PROPERTY INTEREST APPLICATION FOR PROPERTY WITH OR WITHOUT A STRUCTUREWe strongly recommend that you drive by your property
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How to fill out land bank property purchase

01
Obtain a copy of the land bank property purchase application form
02
Fill out the application form with accurate and complete information
03
Attach any necessary supporting documents, such as identification and proof of funds
04
Submit the completed application form and supporting documents to the land bank office
05
Pay any required application fees
06
Wait for the land bank's review and decision on your application
07
If approved, proceed with the necessary legal and financial steps to complete the purchase

Who needs land bank property purchase?

01
Individuals or organizations interested in acquiring property for various purposes:
02
- Real estate developers
03
- Investors
04
- Non-profit organizations
05
- Government agencies
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- Individuals looking to build a home or start a business
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- Those interested in revitalizing or rehabilitating vacant or blighted properties
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A land bank property purchase refers to the acquisition of vacant, abandoned, or tax-delinquent properties by a land bank authority to facilitate redevelopment and revitalization of communities.
Individuals or entities interested in acquiring properties from a land bank are typically required to file a land bank property purchase application.
To fill out a land bank property purchase application, applicants must provide personal information, details about the property of interest, proposed use of the property, and any other required documentation as specified by the land bank authority.
The purpose of land bank property purchase is to promote the responsible management and redevelopment of vacant properties, aimed at increasing community stability, enhancing property values, and providing affordable housing.
Information required on a land bank property purchase application may include the applicant's contact information, financial qualifications, plans for property use, and evidence of ability to maintain the property.
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