- Joined
- Jan 10, 2011
- Messages
- 79
I was going to close a property next week, but then my lawyer told me that the previous owner was on a high ratio mortgage and the money he makes from selling the house may not cover all his loans. I checked his lender, it is under the Charpter 11!!!
Let's say if the transaction is ok. If he did not pay in full his property tax, am I going to be responsible for that?
Can I check if he owns the government any money?
Anyone has experience with this?
Let's say if the transaction is ok. If he did not pay in full his property tax, am I going to be responsible for that?
Can I check if he owns the government any money?
Anyone has experience with this?