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and there are property taxes owed for severals (in CA), how can they sell their home?
^^As said... by using YOUR money to pay them.
But having the 'tight for cash' issue known to you...
do extra due diligence to see what else (money or condition) has being going undone.
I'd be very surprised if there aren't things to be found.
Easy. The property taxes are paid at closing. That's a relatively common occurrence.
Delinquent taxes? I guess if the buyer agrees? The seller has no equity in the home, has only owned it for 1.5 years and is selling a bit less than their mortgage. Don't know where they (the owner) would get the money (8K+), so assuming the buyer paid after coming to some agreement?
Delinquent taxes? I guess if the buyer agrees? The seller has no equity in the home, has only owned it for 1.5 years and is selling a bit less than their mortgage. Don't know where they (the owner) would get the money (8K+), so assuming the buyer paid after coming to some agreement?
Property taxes are prorated at closing (almost always) so delinquent property taxes are the responsibility of the Seller. It's the Seller's problem to make up any shortfall. If they've dug themselves into a significant financial hole, they will either need to bring more money to the table, try to do a short sale, not go through with the sale, or let it languish and have the house eventually go into foreclosure (either for the mortgage or for back taxes). They may not have equity in the house, but they can still sell it at a loss. Lesson learned: real estate is not always profitable.
House was orig. purchased early Spring 2018, then listed Spring 2019. Over 6 months the prices was incrementally dropped until Zillow (and other sites) showed it "sold" just a few days ago, BUT, Zillows listing said sold Spring 2018 - not recently. Another RE website says "Withdrawn", and other RE sites (incl. the agency that was contracted to sell the home) say variations of "page is no longer available".
Knowing that back taxes were still owned, am wondering if the property actually actually sold, or if it was taken off the market until tax situation was resolved.
Anyone have access to MLS history that might show actual situation?
And, there's more. The assessors office on-line data says at the top of the "Current Property Details" sheet "Information as of Lien Date".
What I am trying to determine is if the property was actually sold, or the pending sale fell through due to the back taxes owed, and/or if the buyer took the property off the market (again, maybe due to the discovery of back taxes owned). Any way to determine this for sure w/o asking buyer or RE agent?
If the property was sold, a deed should have been recorded. You may be able to check online for recorded documents, however there may be a lag in time as to when a deed would show up, depending on local practices.
I think the only thing you can find out without asking the buyer/agent is whether the property has actually sold. The fact that it still has a lien on it in County Assessor records strongly suggests that it didn't sell, but you've got no way of definitively knowing whether that was due to back taxes or some other factor.
If you have the address, use the Map Search function on the LA County Assessor's Office website to find the property, and click on "Get Parcel Detail". It should tell you when it was built, assessed value and when the property last changed hands, but it won't say who the owner is.
Failing that, either go to or fax/write the LA County Registrar-Recorder's Office to request the property record (not available online). That will tell you who currently owns it.
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