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Updated about 6 years ago on . Most recent reply

User Stats

94
Posts
58
Votes
Matt N.
  • Rental Property Investor
  • Philadelphia, PA
58
Votes |
94
Posts

Philadelphia Water Lien - Seller refusing to pay off.

Matt N.
  • Rental Property Investor
  • Philadelphia, PA
Posted

Hi BP Team. Great news! Found a good deal, title is back, and I am ready to close!

However, I have a seller who is refusing to come to closing because of a delinquent water bill. He is insisting on "resolving" (aka fighting off) the lien before closing. I'm not confident he will persuade PWD... in a timely manner...

I understand that I can pay the bill myself, but I don't want to. Could the lien be transferred to me in order to clear title? Could I lean on my AOS, and specific closing date agreed upon, to force the seller to the closing table?

What are your thoughts?

Thanks in advance!

Most Popular Reply

User Stats

427
Posts
449
Votes
Joseph ODonovan
  • Property Manager
  • Ridley, PA
449
Votes |
427
Posts
Joseph ODonovan
  • Property Manager
  • Ridley, PA
Replied

@Matt N. The title company can hold the funds in escrow. You can close. Figure out who is responsible after settlement

  • Joseph ODonovan
  • Loading replies...