Owed taxes - duplex under contract

[Kyle Paczesny]

Ran into an issue here. I have a duplex under contract and supposed to close next week.

Per the title company there was some owed taxes on the property. The tax lien is attached to the previous sellers not the current owners.

The previous sellers are not cooperating and can’t produce a clear title. They did a quit claim deed and did not have title insurance.

Sooooo….. the current owners agreed to pay the tax lien (subtract it from profits at closing) but they need the previous seller to sign off, which the are refusing.

We’re at a stand still. Any advice? Do I walk?

Thanks!!

Kyle

[Tim Miller]

I'm with Austin, I'd probably walk. But what I don't understand is, why do you have to have the previous seller to sign off? It's a Tax Lien and the tax office doesn't care who pays it. Talk to a real estate lawyer and see what the real issue is and make your decision. Good Luck.