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?
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.