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Updated over 9 years ago,

User Stats

78
Posts
32
Votes
Bara Nwokoma
  • Wholesaler
  • Dallas, TX
32
Votes |
78
Posts

Distressed Owner/Bankruptcy?/Major Taxes Owed

Bara Nwokoma
  • Wholesaler
  • Dallas, TX
Posted

Hello All!

I hope all is well. Let me get straight to the point.

I had an owner contact me via my direct mail.  He owns a house which he hasn't paid taxes on since 1995, the house has not been to auction, and I was told by the Dallas County Tax Office that there is a lawsuit against him from a lawfirm that handles most Tax Delinquent Cases.

Additional Info:

Taxes owed: 89k! No this is not a typo. The owner claims he received a letter from the tax office saying " If he paid his taxes now they would reduce the taxes owed by 50%" I have never heard of such a thing and I have not seen the letter he speaks of.

Labor Lien: 3.5k

Is this even worth pursuing further? 

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