Posted on: 05th Aug, 2009 02:47 pm
I'd like to buy the house I am renting, but am concerned bc my landlord has not paid taxes on the property this year (due in January). The house is still in his mother's name - who is deceased. I've checked property records to make sure there are no liens on the house and I know that my landlord is the sole heir to the house. (He just needs to put the house in his name and he's not the most motivated person).
I'd loan them the money to pay of the taxes if there was some way to make certain that I couldn't lose that money.
What are my options?
I'd loan them the money to pay of the taxes if there was some way to make certain that I couldn't lose that money.
What are my options?
I woudl suggest that you have a leagl agreemtn with them beofre lending the money
That can protect you
That can protect you