Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Quit Claim Deed
Hello everyone.
I have been analyzing a deal and found one. The seller is accepting an offer for $1500 on a duplex. He is an out of state seller and says he doesn't mind taking a loss for tax purposes. The property doesn't have a mortgage anymore and the only liens that came up were for about $4,000 for taxes and other city fees, as well as a $100 utility bill. I realize some things are just to good to be true and there could be more leans or encumbrances on the house, so what am I missing? Where else should I look to see what liens and encumbrances could be on the house? Thank you for any help you can provide. I look forward to becoming a contributing member of the bigger pockets forum.