When you buy the home, you take on the liens associated with the property. That's why it's important to make sure all the liens have been disposed of or taken care of before closing. This can be a real nasty (read: expensive) surprise.
So if i purchase a home and the taxes are unpaid, why would the city come after me? Why not go after the previous owner to collect on taxes? What complicated nonsense.
When you buy the home, you take on the liens associated with the property. That's why it's important to make sure all the liens have been disposed of or taken care of before closing. This can be a real nasty (read: expensive) surprise.
ExpertRealEstateTips 3 years ago
So if i purchase a home and the taxes are unpaid, why would the city come after me? Why not go after the previous owner to collect on taxes? What complicated nonsense.
sandroeleven 3 years ago