September 7, 2012
“All three (lots) are vacant land and in the same condition as when they were purchased, nevertheless, they are now in the same category as the crap next to the cow.”
Gerald R. Rutz
Payson property owner
Stories this photo appears in:
Strange case illustrates impact of decisions on property values
Gerald Rutz retired from teaching in the Phoenix area and moved to the Rim Country to live the good life. He decided to invest in tax liens — a good business — until it wasn’t.