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Updated almost 12 years ago on . Most recent reply

User Stats

23
Posts
3
Votes
Chaz S.
  • Investor
  • Ogden, UT
3
Votes |
23
Posts

Bad Idea to ask Buyer to pay back taxes.

Chaz S.
  • Investor
  • Ogden, UT
Posted

Okay, now I know this is my first post but I would like to say thank you all for taking the time to read this.

I own a small 1/4 acre lot that I have not paid my last two years of property taxes on, why did I not pay? Let's just say I planned on building on the property this fall and was just going to pay them off at that time. Well last week I had a builder approach me about buying my property. I told him to make an offer and told him what I wanted. He sends in his offer with a low number and I counter higher than I previously stated. I get a call from him and he wants to discuss the price which I came to the conclusion that I would not sale for what he wanted to pay. Fast forward a week and I get a counter saying this is his last offer and he offered me $2000 less than my original counter.

Now comes the question, I would like to sale it for his offer because I can use it for another piece of property I have my eye on. I owe $2,300 in back taxes, would it be wrong of me to send a counter back saying I will accept your offer if we can agree that he pays the taxes?

The reason he wants the property is because it has an amazing view and is the last lot in the subdivision that is relatively flat and easy to build on, the other lots require a lot of site work.

What would you suggest my move be, ask him to pay the back taxes or maybe split the cost?

Thanks again for taking your time to help me out.

Most Popular Reply

User Stats

116
Posts
44
Votes
Fran Flanagan
  • Investor
  • North Wales, PA
44
Votes |
116
Posts
Fran Flanagan
  • Investor
  • North Wales, PA
Replied

Honestly, I think the issue of back taxes is entirely irrelevant. This is money you owe, in that regard it's little different than a mortgage.

He's offering a price for the property. If this makes sense to you, sell; otherwise, don't sell.

If you countered at a number and then he comes to within $2,000 of that number, it would be absurd in my opinion for you to re-counter at $2300 higher than this.

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