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Updated over 9 years ago,
Pay taxes before selling reperforming note?
Team, I have a note that is reperforming and now seasoned and I am going to sell it. The borrower is way behind on her property taxes and is not in a financial position to pay them. My question is: do I pay all the property taxes now and then sell the note or sell the note at a reduced price and let buyer pay taxes? Does it even matter?
Thank you.