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Updated over 1 year ago on . Most recent reply

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Dave Hyer
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Authority for county to prohibit sale of property if on upset sale list

Dave Hyer
Posted

Hello,

I was wondering if anyone could help with terminology and authority of county (Montco PA) to take property due to outstanding real estate taxes. I was looking at purchasing a home from an owner, who was open to working a deal...but after doing some due diligence, I learned it was on the upset sale list. I was told that purchasing from owner is not an option because it was on the list, but have been unable to find a specific statue or ruling (??) outlining timeframe and other perimeters of its status. If the owner pays the back taxes it is off the list (Stayed), but what is the status at that point. Can he immediately sell. Could a purchaser pay the taxes through the owner in some arrangement? 

Any direction or input would be greatly appreciated. 

Thanks

Dave

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18,195
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Chris Seveney
  • Investor
  • Virginia
15,635
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18,195
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Dave Hyer

The taxes would need to be paid up as part of closing. If there are no liens on the property you could buy it at upset sale for the tax amount and basically screw the seller as you would be the owner

  • Chris Seveney
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7e investments
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