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Updated almost 14 years ago on . Most recent reply

User Stats

45
Posts
3
Votes
Winniferd B.
  • Real Estate Investor
  • Houston, TX
3
Votes |
45
Posts

60K in Delinquent Property Taxes

Winniferd B.
  • Real Estate Investor
  • Houston, TX
Posted

I contacted a very motivated seller about buying their property. The owner said that the taxes had not been paid in several years so I did some investigating and found out that they owe 60k in back taxes and there is currently a law suit. I planned to wholesale the property. The ARV is at least 110k if not more. I'm wondering if this is worth my time or if there is another approach I can take

Most Popular Reply

Account Closed
  • Landlord
  • Seattle, WA
1,839
Votes |
3,412
Posts
Account Closed
  • Landlord
  • Seattle, WA
Replied

So, they own there home free and clear and only owe back taxes?

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