In Florida who is responsible for paying back Taxes and HOA fees, buyer or seller?

Buyer
Home Buyer
Florida

Answers (4)
Mark Lemenager
Agent
Harmony, FL

Good answers below, KEY IS THAT EVERYTHING IN NEGOTIABLE. The standard FAR/BAR contracts for sale and purchase spell out responsibility, but they are amendable. So, read everything you are aksed to sign.

Good luck,
Mark LeMenager
Weichert, Realtors - Hallmark Properties

Wed Nov 11 2009, 09:23
Keith Sorem
Agent
Glendale, CA

If this is a short sale do not be surprised if the lender asks you to help pay the HOA fees. It happens. My suggestion if they ask is to agree to pay a small portion...that way they are unable to say that you did not help.

Wed Nov 11 2009, 08:56
Leslie Poole
Agent
Port Charlotte, FL

If you are purchasing a home via a tax sale or auction, I would recommend that you consult an attorney or title agent. Typically the buyer is responsible for any unpaid liens, taxes, etc. On a normal sale, I agree with Bill's comments below.

Wed Nov 11 2009, 08:13
Bill Arther
Agent
33950
FIRST ANSWER

Typically the seller is responsibe for paying all back taxes and will receive a credit for the remaining HOA fees paid in advance. However, everything is negotiable and should be addressed in the purchase contract.

Bill Arther - 941-661-3643 - Bill@BillArther.com - http://www.BillArther.com - Keller Williams Realty

Wed Nov 11 2009, 05:07

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