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Updated almost 9 years ago,
Wholesale house has utility liens and a judgment
I posted a "House Wanted" ad on Craigslist 24 days ago, and got my first phone call this morning. The older lady inherited an older house that she owns free and clear, and just wants to get rid of it and move to Arizona. It sounds like a perfect wholesale opportunity.
So our awesome county records has great details of the property online, and easy to find. I can quickly see that she has many utility liens from the City and a judgment owing about $3500 (plus about $1500 in liens).
In the process of getting the house under contract and assigning it to the end buyer, what do I do about these liens and judgments? Do I get them taken care of them before the end buyer gets the property, or pass them on to the end buyer?
I am going to see the house soon, and would appreciate any advice before I make her an offer.