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re: Buying a lot by owner and not financing, help

Posted on 4/22/13 at 8:25 am to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
36032 posts
Posted on 4/22/13 at 8:25 am to
1). If it hasnt been appraised then you have no idea of the value and whether or not its a good deal.

2). Misrepresenting the purchase price is fraud. Are you willing to risk fraud because some dumbass wants to avoid paying taxes on something he got for free?
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