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Updated almost 10 years ago on . Most recent reply

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Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
338
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Seller Financing (who pays the taxes)

Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
Posted

When using seller financing, is the buyer responsible for paying the taxes or does the owner pay for it until the payment is paid. 

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Rob Beland
  • Investor
  • Leominster, MA
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Rob Beland
  • Investor
  • Leominster, MA
Replied

Are you referring to property taxes? The seller could collect the taxes monthly and escrow it then pay them when they are due but its not likely he wants the hassle. You will most likely just pay them as they come due. 

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