Can You Short Sale A Federal Tax Lien???
I am in the process of buying a property with 2 mortgages totalling $1.5 million and a federal tax lien for $225,000.
I always short sale the junio liens, but I have never had a federal tax lien.
Can they be have a short sale done on them??
You can make them (IRS) an offer in compromise. Depending upon the type of lien, and the level of hardship, they may be flexible. If you speak their language, you may be able to negotiate this yourself.