I purchased an abandoned house in Indiana from a private seller. It has $4k in back taxes owed. How can I negotiate these to get removed? Can I get them extended so it doesn’t get sold in a tax sale? What should I do? I would like to use the $5k I have saved up to renovate the house. Not have to pay the back taxes.
@Jimmy John did you use a title company. The back taxes should have been taken care in closing. Hopefully you did a title search and the seller actually owns the property.
It was an abandoned house. I got it through quit claim deed and I just get it approved from county assessor, auditor, and recorder. It was an abandoned house that is why I got it so cheap, i am just wondering when is the time limit to pay them off, or is there a payment plan I can negotiate @Tim Herman@Bruce Woodruff
@Jimmy John Do you know if the title is clear. I can also give you a quit claim deed to the same property. A quit claim deed transfers whatever rights that person has. There is no warranty that they can convey ownership.
As far as taxes you will have to pay them before there is a tax foreclosure sale. Different states have different times before the sale.