IRS Lein

So I thought this property only had $160,000 in state tax liens. Then I get the title report and low and behold there is also $200,00 in state and federal income tax liens. Unfortunately at $160,000 it was a bargain at $360,000 its not.



So, can I buy the federal lien and foreclose on the state/county?

Or buy the property taxes adn foreclose on the Feds?



Where do I go from here?





Comments(1)

  • sanjosee14th September, 2006

    I just realized that I gave you incorrect info on state liens, I need to correct that & say that "County Liens" due to property taxes let you step in their shoes & foreclose from their seniority position over all other liens.

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