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Updated almost 6 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Eduardo Ledezma Diaz
  • Orlando, FL
1
Votes |
4
Posts

Should I renegotiate?

Eduardo Ledezma Diaz
  • Orlando, FL
Posted

I’ve got this property under contract and today i got the title search report back. The owner owes taxes on the property. Should I renegotiate the price or have them pay out of pocket?

Most Popular Reply

User Stats

198
Posts
116
Votes
Rivy S.
  • Silver Spring MD
116
Votes |
198
Posts
Rivy S.
  • Silver Spring MD
Replied

I'd have them pay for it at closing.  The title company will just deduct the amount from their net proceeds.  

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