What is the name of your state (only U.S. law)? New York
Try to buy half of the property from a getting divorced couple. The name on the deed is wife. She try to sell her half to me.
The problem is they stop paying mortgage and real estate tax (around 36,000 a year) since 2013, and there are leans from mortgage bank and local town. And they are getting divorced.
The question is how can I buy this half of property without getting trouble? & should I have to pay off all the leans and real estate taxes before I the transaction? Or I better off waiting after they got their divorce settled?
Try to buy half of the property from a getting divorced couple. The name on the deed is wife. She try to sell her half to me.
The problem is they stop paying mortgage and real estate tax (around 36,000 a year) since 2013, and there are leans from mortgage bank and local town. And they are getting divorced.
The question is how can I buy this half of property without getting trouble? & should I have to pay off all the leans and real estate taxes before I the transaction? Or I better off waiting after they got their divorce settled?