I want to purchase an investment property-paying delinquent taxes in the state of AR. I just want to make sure, what procedures should I be following?
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I want to purchase an investment property-paying delinquent taxes in the state of AR. I just want to make sure, what procedures should I be following?
Asked on June 11, 2009 under Real Estate Law, Arkansas
Answers:
MD, Member, California Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
In terms of what? Making sure the delinquent taxes are paid? Has the original lender paid them to get in line (first position) as a lienholder? You need to inquire. Then if yes, just ensure yours pays off the entire loan. If not and this hasn't happened yet, pay off the taxing authority and get proof of payment.
Without more information, this is all the direction I can give.
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