All Forum Posts by: Shellie Johnson

UPDATES:  Tax fiasco remedied! Took some research but I found some "state" vulnerabilities (not title related) that put everything solidly in my court. Taxes were paid (by the occupant), I contracted to purchase... and I assigned it to another investor. Closed it in 9 days and everyone's goals were achieved. Thank you, all, for your suggestions, input, and advice. It's much appreciated!

I'm already on that one lol. Title is feverishly doing their part to be a remedy. The cash is already in their hands and all the title work is done. Just need the seller to cooperate and move out in 3-days. I cannot and will not let them occupy post close. A whole other set of issues would come if I open that can of worms. 

Thank you, Wayne. Going down that path I certainly will force the signature on a promissory note. I had to put the question out there as I wasn't sure if something existed that I haven't uncovered yet which would be the solution I needed. I only need enough time to have a traditional, cash close on the property. We're talking 13-14 days.

Hello, Mike, and thank you for your response. I have an appointment Tuesday ( tomorrow) am to learn what, if any, alternatives may exist for the situation. Prior to, I have a super early morning call with my attorney to also gain knowledge on any legal ammo there may be as well. It's looking like (from what I can ascertain) that I'll be the one paying the debt to give the 13-14 days time needed to get to closing. 

I have an executed agreement to purchase a property which the property is also up for tax deed auction in a few days. Within the purchase agreement the seller has agreed to pay the taxes to remove the property from sale. They've failed to do so. Now I know I can pay the taxes to remove it from auction, and I'm aware of the position that places me in. What I'm trying to learn is if there's another legal leg I can use to remove it from sale without advancing and funds to pay someone else's taxes. Will I pay the taxes if it comes down to it, yes I will. Do I want to, not really. I would rather the seller follow the agreement or have their attorney address it in some manner, but not sure what can be done other than paying it. Any suggestions? 

Recently, my company ran into an issue with a client being discriminative in housing practices. The client we represented decided to make it known (in writing... more than once) who the client did not want to rent to, and each that was named is a protected class of either age or medical condition (really an awful practice). We advised the client we were severing our business ties due to the nature of things. The client has since decided it would be in their best interest to start retaliation against my company. Has anyone ever run into this situation and if so what measures did you take to mitigate the situation?