Skip to content
Real Estate Deal Analysis & Advice

User Stats

59
Posts
5
Votes
Rod Coleman
  • Real Estate Agent
  • Chester, VA
5
Votes |
59
Posts

Help, I have a wholesale deal with taxes owed on the property how do I structure it for the buyer and the seller

Rod Coleman
  • Real Estate Agent
  • Chester, VA
Posted Feb 21 2015, 06:06

Hello I am fairly new to wholesaling and i have a potential deal that has back taxes owed on it, however since i know that the buyer may be able to talk to the city and get the taxes reduced should i just write the contract to the seller for the difference, then market the deal to a buyer with the lien included in the purchase price and making note of it in the break down that the extra amount is due to the back taxes on the property and if they call city hall they may be able to get them reduced?

Loading replies...