Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter.
The back taxes scare a lot of heirs. The number often grows for years. So people fear they will owe it all. The good news is simple. We take on the back taxes when we buy your share.
First, understand how the back taxes work. They attach to the property, not to you personally. So they ride with the real estate. When you sell your share, that burden goes with it.
How we handle the back taxes
When we take over your portion, we take on its back taxes too. So you do not pay them out of pocket. Also, you do not chase the other heirs for their part. Because we absorb that cost, it never lands on you.
Next, the back taxes do not reduce your payment as a surprise. The amount we agree on is the amount you receive. So there are no hidden deductions at closing.
Then we deal with the taxing authorities ourselves. We handle the balance tied to the share we bought. An experienced buyer does this routinely. So you step away clean.
In short, the back taxes stop being your problem. We carry them from the moment we take your share. You keep your payment and your peace of mind.
What this means for you:
Back taxes attach to the property, and we take them on when we buy your share.
They do not reduce your payment, and you never chase the other heirs.
If you want to be bought out of the lawsuit and have your name removed, no cost to you, call or text us at (469) 708-8003 today.
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