The seller may be looking to lower their over all taxes because its too much for this year, or they simply don't want to pay taxes on that particular property.If looking to lower taxes consider doing a seller financing deal where the property is technically purchased at a later date.

I spoke with them and they said technically it would be going commercial to residential.

So, technically, does this mean a person buying at the courthouse steps in Florida is not exempt from FL real estate licensure law?

After completing my first deal I enrolled at the local technical college so I can begin the process of acquiring my real estate license.

Other problems you will have ........Mail , you only have 3 units so technically you will not have a legal address .

And there is not a single real estate transaction that has happened in the last 100 yrs that doesn't have some kind of technical defect.

There having "technical difficulties"for the last week almost.

Technically I am going in with cash but am using the 50% rule as a guideline.

To put another way, if the developer bears the cost of construction, maintenance and staffing of the facility at the outset, when will they be relieved of that burden?

So technically, they can run off from the job and face no liabilities.