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Updated about 6 years ago on .

User Stats

13
Posts
2
Votes
Eric McLaughlin
  • Cleveland, OH
2
Votes |
13
Posts

Tax assessment and water bill balance

Eric McLaughlin
  • Cleveland, OH
Posted

Hello!

Put an offer in on an REO in Ohio.

Bank countered my offer within a reasonable amount. I’m ready to accept but In waiting for their reply, I found out there’s a currently a tax assessment on the property for the sewer bill and an outstanding water bill for equally as much.

Is this something the bank will have to square up before transferring the property? Or will I be on the hook? Depending on which will effect my reply to their counter.

Any input appreciated!