Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

20
Posts
3
Votes
Adrian Gonzalez
  • Wholesaler
  • Houston, Tx
3
Votes |
20
Posts

Seller Financing Property In Texas

Adrian Gonzalez
  • Wholesaler
  • Houston, Tx
Posted

Hi BP, I may have the answers to these but just want to make sure. Here's some context, I have a property in my home state of Texas that I would like to sell with seller finance. I own it free and clear and I pay monthly for HOA maintenance.

In seller financing, who is responsible in paying for property taxes, buyer or seller?

Who’s who will receive and who’s name will the tax bill have, buyer or seller?

If the seller responsible in paying property taxes, how should this be included with the terms?

Is it included with the monthly payment or should this be collected from the buyer when tax is due?

If the buyer is responsible, how do I ensure property taxes are paid to avoid foreclosure?

Same questions for the HOA fees.

I figured this would be my best option in getting me started, is there a better way?

Thank you all for the help.

Loading replies...