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 siegert
Joined: 29 Apr 2009
Posts: 14
Location: Wakefield, UK
6.17 Dollars($)
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 Posted: Fri Oct 30, 2009 9:22 am Post subject: Cleveland/OH property with tax lien on it |
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Hi all,
I found an property in Cleveland with a sold tax lien ($17,000) on it.
Now my question:
I will buy this property for $53,000 with seller financing, the title shall transfered to me, now says the agent from the owner I must pay these lien off before.
Is this law in Ohio? I know only if I buy a property all back taxes, mortgages and liens assumed automatic from buyer.
Thanks for reply. |
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jameshogg
Joined: 20 Dec 2005
Posts: 5203
Location: nevada
651.69 Dollars($)
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| Posted: Sun Nov 01, 2009 9:12 pm Post subject: |
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Hi siegert,
It is true that as a buyer you would be responsible for the back taxes, mortgage and other liens on the property. However, I don't think you will have to pay it before you purchase the property. You can contact an Ohio based lawyer and take his opinion in this regard.
Thanks |
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siegert
Joined: 29 Apr 2009
Posts: 14
Location: Wakefield, UK
6.17 Dollars($)
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| Posted: Mon Nov 02, 2009 12:53 pm Post subject: |
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Thanks jameshoqq,
Your reply was helpfull. I called today with the county deputy treasurer and he told me the same. Then I called the lien buyer, one staff of them, and it is possible to pay off this lien with an payment plan. So I see no problem now, I hope the propertie owner too  . |
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