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Updated about 13 years ago,

User Stats

916
Posts
296
Votes
Shanequa J.
  • Realtor
  • Houston, TX
296
Votes |
916
Posts

Letting the owner stay for free

Shanequa J.
  • Realtor
  • Houston, TX
Posted

I came across a house in one of my areas. The owners are old, late 80s, and they owe $5600 in property taxes. I would like to offer to pay their taxes and let them live their for free if they signed the house over to me. The house is worth around $60000. Is this a good plan? I'd feel like the grimm reaper because I'd be waiting for them to die.

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