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Updated almost 6 years ago,
Seller can't afford to close - suggestions?
I've been under contract on an out of state SFH that was supposed to close mid-way through December. After several rounds of negotiations, repairs and inspections I wired my money to close only to find out the seller can't come up with the money he owes on back taxes, utility bills etc. He owes about $7k total before the banks will let him close. Does anyone have any suggestions??