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Updated about 6 years ago, 11/01/2018

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Richmond, VA
  • Member since Apr 7, 2018
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Richmond, VA
  • Member since Apr 7, 2018
Connect
Account Closed
  • Real Estate Agent
  • Richmond, VA
34
Votes |
104
Posts
Buying & Selling Real Estate

Should I pay the taxes owed to buy a house - $14000

Account Closed
  • Real Estate Agent
  • Richmond, VA
Posted

I have an opportunity to buy a house, but the current owner owes $14,000 on the house. I could probably buy the house for $40,000 to $50,000 (not including the taxes) and the place probably needs about $20,000 - $30,000 in repairs. Comps in the area are averaging $140,000. 

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