Tax property!? Is it a thing?

4 Replies

Why not? Those people would be motivated to sell for sure. Great point of negotiating. Just reduce purchase price by amount owed, and person you wholesale the deal to pays it.

I would guess, that would be paid at a closing by the buyer just because the seller obviously must not have the finances to do so if they are tax delinquent. You would just have to get the property under a contract at an amount that makes sense with them still having to pay this.

Full disclaimer though, I do not have experience wholesaling, but this just makes sense logically.