Foreclosures
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 almost 6 years ago,
Tax assessment and water bill balance
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!