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Christina Escobar's profile image
Christina Escobar's profile image
Christina Escobar
  • from Queens, NY
  • Member since Jul 13, 2018

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Christina Escobar's profile image
Christina Escobar's profile image
Christina Escobar
  • from Queens, NY
  • Member since Jul 13, 2018
Christina Escobar
  • Queens, NY
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Tax, SDIRAs & Cost Segregation

Legal Advice for New Investment

Christina Escobar
  • Queens, NY
Posted

Hi so I’m living and learning, while sitting in the lawyers office for closing I asked if any taxes were owed and the representative for the seller said “Well they’ll be paid now” and held up the check. Now I received a letter from the Supreme and County Court, addressed to Resident titled “Notice of Court Conference in Residential Foreclosure Mitigation Action” Are we responsible? Any advice? Shouldn’t our lawyer have protected us from this?

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Lien Vuong's profile image
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Lien Vuong
  • Real Estate Agent
  • from Boston, MA
  • Member since Jun 17, 2018

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Lien Vuong's profile image
Lien Vuong's profile image
Lien Vuong
  • Real Estate Agent
  • from Boston, MA
  • Member since Jun 17, 2018
Lien Vuong
  • Real Estate Agent
  • Boston, MA
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied

Pre-foreclose isnt actual foreclosure so you'l likely have a Municipal Lien Certificate where it esponges you of the debts of the home from previous ownership. Their debt is not your debt. 

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