Posted by BTI on May 10, 2008 at 12:16:52:
In Reply to: California Real Estate Law - Property Tax posted by Dank Dupree on May 08, 2008 at 22:17:27:
Dank
Your agent doesn't know what he is talking about and is giving you false info. Tell him to provide the statute that sets up that requirement, there isn't one,
I've bought properties with outstanding taxes in California for years, they just need to be paid before the property goes to a tax sale and wipes you out. The title company will just list them as a exclusion, however a institutional lender will want them up to date.
Tell your agent to go back to school, and then find a new one.
BTI