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Updated over 5 years ago on . Most recent reply

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182
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Mike Mitchell
  • Real Estate Investor
  • Lubbock, TX
10
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182
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Deed cannot be filed due to taxes owed in MI

Mike Mitchell
  • Real Estate Investor
  • Lubbock, TX
Posted

A buyer recently paid off her contract for deed which was held by me. She cannot/has not recorded the deed due to the fact that  property taxes are owed by her and in Genesee County, property cannot be conveyed if property taxes are owed.  I want the property out of my company's name.   The county continues to send tax notices and threats to me.   I promise that I'll never do business in MI again, but what can be done to fix this or do I forget about it and rest well?

Most Popular Reply

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464
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435
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Jamie Bateman
  • Investor
  • Baltimore County, MD
435
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464
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Jamie Bateman
  • Investor
  • Baltimore County, MD
Replied

I would agree with you @Andy Mirza. @Mike Mitchell, if you lose the property to tax sale, is that really a problem? At this point, the borrower should be motivated to pay the taxes if she wants the property. I see why you would want to be out of the picture but I would not be in a rush pay the taxes myself. 

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